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 -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 a “refresh of Monsoon”, taking the brand “back to its roots”, and aims to celebrate its “heritage, craft and commitment to sustainability and ethical trade”. The Marylebone High Street location…
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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. According to Drapers,, the administrators of the 100,000 sq ft store have appointed Eastdil and Savills to explore a sale of the site. It also reports that the London store…
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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 British Retail Consortium (BRC) Sensormatic tracker. The data, which covered the five weeks from 28 February to 3 April 2021, showed that the footfall drop in March was above the…
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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 impact of Covid-19 – double what the retailer predicted in February. The group, which owns Sports Direct and House of Frasers, has said that further Covid-19 restrictions are “almost certain”. …
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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 will retain what it received in business rates support. The news comes after it reported a bumper rise in profits after tax and discontinued items for the year to £77m.…
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8 April
Retailers rally behind hospitality and reject Covid status certificates
Retailers have rallied behind pubs and clubs in their rejection of Covid status certificates, according to The Guardian. The news follows on from the announcement made by the prime minister last Sunday to confirm the reopening of shops in England from 12 April 2021. In his announcement, Boris Johnson suggested…
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7 April
UK retail footfall rises as lockdown comes to end
Footfall across all retail destinations in the UK has jumped by 8.5% in the last week, from the week before, as consumers prepare for the country’s exit from lockdown. Retail parks and high streets saw a footfall increase of 9% and 9.7%, according to data analyst Springboard. Meanwhile, footfall in…
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6 April
Poundland set for 30 new store openings
Poundland has announced that it is set to open up to 30 Poundland and Dealz stores across the UK and Ireland over the 12 months to 30 September 2021. The discount retailer also revealed that it brought 29 stores out of “hibernation” in February, and plans to reopen a further…
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Mar- 2021 -31 March
Carpetright owner acquires Carpet and Flooring
Nestware Holdings Limited (NHL) has announced it has acquired Carpet and Flooring (C&F) for an undisclosed sum. NFL, which is part of Meditor Holdings Limited also owns a number of flooring businesses including Carpetright and FlooringSupplies.co.uk, an ecommerce flooring business. C&F was established in 1992, it distributes floor covering products…
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30 March
Relaxing of restrictions boosts retail footfall by 6.6%
Footfall across UK retail destinations increased by 6.6% last week from the week before, according to the latest data from Springboard. Last week, Springboard found that footfall was 68.1% higher than in the same week in 2020, but remained 57.3% lower than in the same week period for 2019. Footfall…
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