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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Jun- 2022 -22 June
Footfall drops as strikes take action
Footfall across all UK high streets is down -8.5% compared to last week, as workers stay at home due to…
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22 June
JD Sports profits double to £947m in FY22
JD Sports has recorded a “record” pre-tax profit of £947.2m in FY22, more than double the previous record set in…
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21 June
Savoir Beds announces new managing director
Savoir Beds has announced the appointment of Nicholas Alexandre as its new managing director, effective June 2022. Alexandre will succeed…
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21 June
Rail strikes represent ‘another blow’ for Scottish wholesalers
National rail strikes this week are set to represent ‘another blow’ for Scotland’s retailers and wholesalers. Nearly 90% of ScotRail…
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20 June
Pets at Home commences £50m share buyback programme
The Pets at Home Group plc has announced the commencement of a £50m share buyback programme, following the commitment made…
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16 June
West End landlords Shaftesbury and Capco agree £5bn merger
Capital and Counties Properties PLC (Capco) and Shaftesbury have announced they have reached an agreement for an all-share merger, valuing…
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16 June
Boohoo announces sales drop amid cost of living crisis
Boohoo has announced that its revenues declined 8% in the first quarter of 2022, but are up 75% over the…
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15 June
WH Smith sales rocket as travel rebounds
WH Smith has seen sales soar ahead of pre-pandemic levels in recent weeks as travel continues to rebound. Group revenues…
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15 June
H&M Group reports 12% surge in 2022 Q2
The H&M Group has reported that its net sales in local currencies increased by 12% in the second quarter 2022,…
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14 June
WFH shift may ‘permanently scar’ high streets, experts warn
The shift to working from home amid the pandemic has allegedly caused “permanent scarring” to the UK’s high streets as…
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