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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Feb- 2022 -8 February
NICCE to open first physical store in spring
Nicce has announced the opening of its flagship store on Carnaby Street in spring 2022, marking the first physical flagship…
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8 February
Consumer spending slows in January
Consumer card spending rose by only 7.4% in January compared to the same period in 2020, marking the smallest uplift…
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7 February
Private equity firms circle THG
Private equity firms Advent International and Leonard Green are exploring a buyout of the struggling online retailer The Hut Group,…
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4 February
West End footfall resurges as Plan B is scrapped
London’s West End has welcomed a “promising” boost to its footfall in the first full week following the end of…
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3 February
Jan footfall 20% down on 2019 figures
Footfall in UK retail destinations weakened in January, reaching a gap of -20.8% from the 2019 level versus -18.6% in…
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Jan- 2022 -31 January
Walgreens set to start £7bn Boots sale process
Walgreens Boots Alliance has reportedly started the sales process for its Boots international drugstore unit, according to Bloomberg. Walgreens is…
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28 January
Store vacancy rate improves for first time since 2018
New research has found the number of vacant stores has decreased for the first time since 2018, according to the…
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26 January
Over 90% of eligible transactions used contactless in 2021
Contactless payments surged in 2021 as shoppers took advantage of the new £100 limit, with 91.1% of all eligible card…
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26 January
Pets at Home ups profit guidance to £140m
The Pets at Home Group has reported its total group revenues grew by 5.8% to £319.4m over the 12 week…
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25 January
Gorillas enters discussion for international expansion
Gorillas, the on-demand delivery company, has entered into an exclusive discussion to acquire the French delivery firm Frichti, to allow…
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