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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Apr- 2021 -19 April
EG Group acquires Leon in £100m deal
The EG Group, owned by billionaire brothers Mohsin and Zuber Issa, has announced the acquisition of all 70 Leon restaurants…
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19 April
Poundland owner eyes £4bn IPO
Pepco Group, the owner of Poundland and Dealz, is reportedly set to pursue a £3.9bn initial public offering (IPO) on…
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14 April
Grocery sales boost retail figures in March
New research has found that grocery sales have boosted overall retail sales in March, despite many categories remaining in decline…
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13 April
Cake Box sees FY21 sales rise 14.7%
Cake Box, a cream cake retailer, saw like-for-like sales in its franchise stores increase 14.7% year-on-year for the 40 weeks…
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12 April
Hundreds of Bonmarché jobs at risk amid reports some stores may never reopen
Hundreds of jobs at Bonmarché are reportedly at risk as administrators struggle to decide how many stores should open as…
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12 April
Monsoon opens new boutique store in London
Monsoon has opened a new boutique store today (12 April) On London’s Marylebone High Street. The store is part of…
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9 April
JD Sports, Frasers Group and Amazon eye Topshop flagship
A number of retailers have reportedly expressed interest in purchasing Topshop’s former flagship store, including JD Sports, Amazon and Frasers.…
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9 April
Total UK footfall decreases by 69%, BRC tracker finds
Total UK footfall decreased by 68.7% in March (Yo2Y), marking only a 4.9% improvement from February, according to the latest…
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9 April
Frasers warns of £200m lockdown hit
Mike Ashley’s Frasers Group has warned that it expects to take a hit in excess of £200m due to the…
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8 April
Co-op to repay £15m furlough relief as profits rise to £77m
The Co-op has revealed it will repay £15.5m of the Covid relief it received from the government’s furlough scheme but…
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