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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May- 2023 -31 May
B&M FY profits fall by 17% to £436m
B&M has reported that pre-tax profits fell by 17% to £436m in FY23, down from £525m the prior year. Despite…
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30 May
New Look names Deloitte to advise on £100m debt refinancing
New Look has reportedly appointed Deloitte to advise on its options for refinancing a £100m debt that is due to…
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26 May
Mango to open 13 new UK stores this year
Mango has announced an expansion across the south and centre of the UK, with 13 planned store openings over the…
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26 May
April retail sales rise by 0.5%
The Office for National Statistics has revealed that retail sales volumes rose by an estimated 0.5% in April, following a…
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25 May
Jeroboams to open tenth location
Jeroboams, London’s local wine merchant, has signed to open a new store at 336 King’s Road, marking its tenth location…
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25 May
Pets at Home profits fall despite increased revenues
Pets at Home has announced that its profit before tax has dropped 17.7% to £122.5m for the year ended 30…
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22 May
Wilko eyes CVA to slash costs
Wilko is considering entering into a company voluntary arrangement (CVA) to renegotiate rents and possibly close some of its stores…
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19 May
Scottish shops report 10% decline in business rates
Scottish shops have seen a 10% drop in business rate bills, following a revaluation from the beginning of last month.…
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18 May
Shoezone to open Bury town centre store this May
Shoezone will launch a brand new, relocated store in Bury on 20 May, officially opening at The Rock, Unit E.…
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18 May
Pepco continues international expansion
Pepco has announced that it is set to launch in Portugal following its successful launch in Spain. The Poundland owner…
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