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 -15 March
Zara owner sales jump 17.5% in FY22
Inditex, the parent company of high street retailer Zara, has revealed that sales reached €32.6bn (£28.7bn) in FY22, an increase…
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14 March
Severe weather sees footfall drop 7%
Footfall across UK retail destinations declined by -7% last week due to “severe” weather conditions, a far greater decline than…
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13 March
UK retailers reassure investors amid Silicon Valley Bank collapse
UK retailers THG, Moonpig, and Naked Wines have moved to reassure investors of their financial security following the collapse of…
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9 March
Hugo Boss welcomes record sales in FY22
Hugo Boss sales increased 27% to a new record of €3.7bn (£3.2bn), according to the latest 2022 report released today. …
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8 March
Hotel Chocolat revenues and profit tumble in H1
Hotel Chocolat has reported a fall in revenues in the half-year ended 25 December 2022, falling from £142m last year…
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8 March
TK Maxx eyes further London expansion
TK Maxx is reportedly looking to expand its presence in London, the Evening Standard has reported. As the capital continues…
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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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