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- 2021 -21 January
Apricot switches to turnover rent after CVA
Apricot, the women’s fashion retailer, has changed the lease agreements for the majority of its UK portfolio to turnover-based rents,…
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20 January
Frasers Group increases stake in Hugo Boss
Mike Ashley’s Frasers Group has increased its stake into luxury retailer Hugo Boss to around 15%. Frasers revealed it now…
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20 January
WH Smith trading ‘better than anticipated’
WH Smith has posted its trading update for the 16 weeks to January, with the company reporting a “better than…
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20 January
Arcadia to close 31 stores, 700 jobs lost
Arcadia, Sir Phillip Green’s retail empire, is set to close another 31 stores after going into administration in November, which…
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19 January
Footfall continues to decline but stays above Lockdown 1 levels
Footfall across UK retail destinations declined by -10.9% last week from the week before, but has managed to stay above…
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19 January
Hotel Chocolat’s multi-channel model sees sales boost
Hotel Chocolat has reported a 19% rise in total group revenue in the 13 weeks to 27 December thanks to…
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18 January
Next in the lead for Arcadia Group
High street retailer Next is allegedly the lead bidder in the race to buy Arcadia Group out of administration, The…
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15 January
Supreme Court sides with small firms in business interruption insurance case
The Supreme Court has delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case, with the…
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15 January
H&M appoints new communications director
H&M has announced the appointment of Andreas Eriksson as communications director succeeding his predecessor Kristina Stenvinkel. Eriksson, who was the…
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15 January
Card Factory sales down 38% in 2020
Card Factory, the greetings cards, dressings, and gifts provider, has announced its sales for the eleven months ended 31 December…
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