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- 2021 -25 February
Primark forecasts £1.1bn sales hit
The owner of Primark is expecting to lose £1.1bn in sales during the first half of its financial year due…
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24 February
Home Bargains 2020 turnover soars to £2.8bn
TJ Morris, the owner of discount retailer Home Bargains, has reported an annual turnover of £2.8bn for the year ended…
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22 February
Shoe Zone finance director steps down
Shoe Zone has announced that Peter Foot, its finance director, has left the company with immediate effect. The board has…
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19 February
Arcadia owed creditors £800m upon collapse
Arcadia, the owner of Topshop, Dorothy Perkins, and Miss Selfridge, reportedly owed £800m to its creditors upon its collapse in…
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18 February
850 retail jobs lost a day so far in 2021
New research has found that 850 retail jobs have been lost every working day so far in 2021, with experts…
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18 February
Charity retailers’ progress stunted by lockdown restrictions
Despite an encouraging start to the period, lockdown restrictions have “taken their toll” on the performance of charity retailers in…
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17 February
Westminster Council launches Oxford Street revival initiative
An “ambitious” new framework has been launched by Westminster City Council in a bid to kickstart a “reimagined” Oxford Street…
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16 February
Almost half of consumers shift to online shopping due to covid-19
Almost half of consumers (46%) in 2020 made an online purchase that would have previously been made in-store amid the…
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15 February
Arcadia asset sale gives pension holders new hope
Workers who were saving pensions at Sir Phillip Green’s Arcadia Group have reportedly been told that their savings can be…
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11 February
Two-fifths of retailers expect Valentine’s sales boost
Two-fifths of retailers (41%) expect to see a boost in sales in the run up to Valentine’s Day. According to…
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