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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Oct- 2020 -26 October
Mike Ashley considers Jaeger bid
Mike Ashley’s Frasers Group is reportedly considering the acquisition of “heritage” fashion brands Jaeger, Austin Reed and Jacques Vert from…
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21 October
Geek Retreat plans on opening 100 more stores
Games and fantasy company Geek Retreat has confirmed its plans to open another 100 stores over the next two years…
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19 October
11,000 shops closures since lockdown, double rate of last year
Shop closures in the UK have hit record levels with over twice as many net closures in the first half…
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16 October
Sales at Boots’ retail sites drop 30%
Sales at Boots’ retail sites reportedly fell by almost 30% in the quarter up to August as consumers chose to…
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16 October
Poundstretcher to open 50 new stores despite CVA plans
Poundstretcher is reportedly preparing to open 50 new stores in 2021, despite CVA proposals that have resulted in 50 store…
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12 October
Poundland acquires Fulton Foods
Poundland has announced its acquisition of Fulton Foods, the Northern frozen food retailer, as the latest part of its transformation…
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9 October
Retailers record best monthly in-store sales since February
High street sales in September recorded the best monthly in-store results since before Covid-19 began in February, according to new…
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6 October
Curfew and poor weather leads to second week of footfall decline
Overall, retail footfall across all destinations is 31.4% lower than last year Footfall has declined by 3.5% in the…
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6 October
Ann Summers moves towards CVA
Ann Summers has suggested that it is likely to launch a CVA after the lingerie retailer failed to negotiate rental…
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2 October
Clarks pension trustees call in advisers
Pension trustees at shoe retailer Clarks have reportedly drafted in advisors as they seek to secure additional finance for the…
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