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 -3 May
Hotel Chocolat appoints new chair
Hotel Chocolat Group plc, a direct-to-consumer premium chocolate brand, has announced the appointment of Stephen Alexander as the company’s non-executive…
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3 May
Card Factory profits jump 368.5% to £52.4m
Card Factory has seen its profit before tax rise 368.5% to £52.4m, up from £11.1m, for the year ended 31…
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2 May
Bank holiday sees footfall rise 12.9%
The bank holiday weekend saw footfall ramp up “significantly” from Friday onwards, with an increase in footfall over Saturday and…
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Apr- 2023 -28 April
Gap to lay off 1,800 jobs as part of restructuring plan
Gap Inc is set to eliminate approximately 1,800 jobs from its global workforce as part of a broad restructuring plan,…
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26 April
Majestic makes ‘biggest investment ever’ in staff pay
Majestic, the specialist wine retailer, has revealed it has made its “biggest ever investment” in colleague pay to recognise the…
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25 April
Primark H1 sales rise 19% to £4.2bn
Associated British Foods (ABF), Primark’s parent company, has revealed that sales rose at the high street fashion retailer by 19%…
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24 April
Coronation weekend to boost footfall by 4%
The Coronation weekend is set to boost footfall by 4.0% compared to 2022 across all UK retail destinations, MRI Springboard…
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24 April
Peacocks to open new locations at former M&Co sites
High street fashion retailer Peacocks is reportedly looking to expand to more than 20 locations in former M&Co stores, according…
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21 April
CBI hit with second rape allegation
The CBI is facing a second allegation of rape from a woman who claims she was assaulted by two male…
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21 April
Poundland owner sees revenues rise 23% in H1
Pepco Group, the owner of Poundland, has welcomed “encouraging” results in its second quarter and first half of trading despite…
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