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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Jan- 2022 -13 January
M&S raises profit forecast to £500m
The Marks and Spencer Group (M&S) has raised its full year pre-tax profits forecast to £500m, following an 18.6% year-on-year…
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12 January
Games Workshop HY profits fall to £88.2m
Games Workshop Group PLC has announced its pre-tax profits dropped by 3.71% year-on-year from £91.6m to £88.2m, according to its…
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12 January
Bain Capital and CVC eye Boots takeover bid
Buyout firms Bain Capital and CVC Capital Partners have reportedly joined forces in an attempt to launch a takeover bid…
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12 January
DFS expects FY22 profits to reach £85m
DFS Furniture expects to report full-year pre-tax profits of £85m after experiencing strong Christmas sales. During the twenty-six week period…
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11 January
Consumer spending rises 12.2% in December
Consumer card spending increased 12.2% in December compared to the same period in 2019, as Brits finished their final preparations…
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11 January
Footfall declines as workers stay away from office
Footfall declined by -6% last week across all UK destinations from the week before, but working from home continued to…
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7 January
Poundland unveils plans to open four larger stores
Poundland has announced plans to open four new large format stores this year as part of its “ambitious” transformation targets.…
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6 January
Omicron rise leads to significant footfall drop off
Footfall across all UK retail destinations in December was -18.6% below the 2019 level, the worst result since August and…
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5 January
M&S launches lower carbon diet initiative
Marks and Spencer is launching its Sparking Change National Challenge, inviting its 14 million customers to try a lower carbon…
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5 January
Pepco Group CEO steps down due to health reasons
Poundland owner Pepco Group has announced that CEO Andy Bond will step down at the end of March due to…
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