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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Sep- 2022 -5 September
Ted Baker sees revenues increase amid stronger store sales
Ted Baker Group has revealed that its revenues for the 14-week period to 29 July 2022 was up 3.4% compared…
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1 September
Battersea Power Station confirms 14 October opening date
Battersea Power Station has confirmed it will open its doors to the public for the first time from Friday 14…
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1 September
Footfall recovers in August despite cost of living crisis
Footfall has strengthened across UK retail destinations in August 2022 to -13.2% below 2019 compared with -14.2% in July 2022,…
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Aug- 2022 -30 August
Joules deal with Next in danger after share price tumbles
Joules’ hope of securing an investment lifeline from Next has taken a blow after reports suggest that the two companies…
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30 August
Store closures drop to lowest rate in seven years
Store closures have stabilised to the lowest rate in over seven years, with 6,146 store closures in H1 2022 (-30%)…
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25 August
Cambridge Satchel Company acquired by Chargeurs
The Cambridge Satchel Company has announced it has been sold to French textile company Chargeurs for an undisclosed sum. Created…
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24 August
Oxford St footfall up 24% as international travel begins to return
Footfall levels on London’s Oxford Street continued on an upward trajectory in July 2022, up 24% from the previous month,…
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23 August
Frasers to open 3 new Flannels flagship stores
Frasers Group has announced plans for three more Flannels flagship stores, which will see it open stores in Leeds, Cardiff,…
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22 August
Hargreaves enters new fight with lenders to secure Matalan’s future
John Hargreaves, the founder of Matalan, is preparing for a new fight with its lenders over its ownership ahead of…
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19 August
TK Maxx owner’s sales hit by ‘historical’ inflation
TK Maxx owner, The TJX Companies, has revealed net sales for the second quarter of Fiscal 2023 ended July 30…
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