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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Nov- 2022 -7 November
Mamas & Papas revenues jump 17% in H1
Mamas and Papas has reported that its revenues grew 17% in the six months to September, with the group’s continued…
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4 November
Under Armour lowers sales outlook amid ‘challenging environment’
Under Armour has lowered its sales outlook despite seeing its revenues increase 2% to $1.6bn (£1.4bn) in the second quarter…
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3 November
Retailers pessimistic heading into peak season, research finds
Over half of UK retailers are concerned about their businesses’ financial performance over the upcoming peak season against a backdrop…
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3 November
Footfall gap from 2019 narrows in October to -9.8%
The gap in footfall from 2019 narrowed in October to -9.8% from -12.6% in September and -13.2% in August, according…
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Oct- 2022 -31 October
Footfall sees largest increase since Easter during half-term week
Footfall across UK retail destinations rose by 8.2% last week from the week before, a greater increase than in any…
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31 October
Wilko increases staff pay to £10
Wilko has announced it has increased its entry level hourly rate to £10 – 50p above the national living wage.…
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28 October
Store vacancy rate falls but remains below pre-pandemic levels
In the third quarter of 2022, the overall GB vacancy rate decreased to 13.9%, a 0.1% rise from Q2 and…
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27 October
Shop workers report rise in customer abuse, Retail Trust says
The cost of living crisis has reportedly led to a rise in the number of retail staff facing abuse from…
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26 October
M&S warns it will close Oxford Street store if rebuild plans are blocked
Marks and Spencer has warned an inquiry it will close its Oxford Street location if its plans to demolish and…
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26 October
Virgin Wines posts profit upturn as it warns of oncoming crisis
Virgin Wines has said that its profits before tax rose to £5.1m for the year ended 1 July 2022, up…
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