High Street
The latest news, updates and analysis on the the British High Street and UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Mar- 2023 -7 March
Greggs sales rise 23% in FY22
Greggs has welcomed a strong performance in FY22, with total sales up by 23% to £1.5bn, and like-for-like sales in…
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6 March
Starbucks to open 100 new stores as revenues increase 37%
Starbucks has announced plans to open 100 new stores in the UK after its revenues increased 37% to £449m for…
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6 March
Retail leaders criticise business rates reform
Retail bosses from M&S, Sainsbury’s and Currys have criticised the changes made to business rates, according to This is Money. …
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3 March
WH Smith hit by cyber security attack
WH Smith has been hit by a large cyber security incident which has resulted in company data, including current and…
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2 March
Footfall falls by 5.3% following half-term boost
Footfall across UK retail destinations declined by -5.3% last week from the week before when it surged +7.6% thanks to…
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2 March
High street chain stores closing at lowest rate since 2014
High street chain stores closed at the slowest rate since 2014 in the second half of 2022 according to data…
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1 March
B&M announces store reshuffle
Discount retailer B&M has announced that it is closing a number of stores over the next few weeks not for…
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Feb- 2023 -22 February
Paperchase to shut all stores after failure to find buyer
Paperchase’s remaining 106 stores will be closing, The Times has reported, after its administrators failed to find a buyer for…
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16 February
500 jobs at risk at New Look distribution centre
New Look is reportedly planning to axe up to 500 roles at its distribution centre in Lymedale, Newcastle-under-Lyme, Drapers has…
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16 February
Wilko to axe over 400 jobs as sales fall
Wilko is reportedly set to axe over 400 jobs across the company as part of plans to cut costs amid…
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