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.
-
Sep- 2020 -21 September
Aldo UK sold to BIG
Aldo UK confirmed it has been sold to the Bushnell Investment Group (BIG). Administrators from accountancy firm RSM were appointed…
Read More » -
16 September
H&M to return to profitability in Q3
H&M has announced it expects to return to profitability after experiencing a “better-than-expected” recovery during the third quarter of the…
Read More » -
15 September
Creditors approve New Look CVA
New Look has announced that a CVA proposal launched last month has been approved by the majority of its unsecured…
Read More » -
15 September
Next takes majority stake in Victoria’s Secret
Victoria’s Secret owner L Brands has announced it has formed a joint venture with Next which will see the retailer…
Read More » -
15 September
New Look landlords to reject CVA
New Look’s biggest landlords have reportedly rejected the retailer’s CVA plan in a move that will “throw its survival into…
Read More » -
14 September
Arcadia Group ‘extremely sorry’ amid notice pay U-turn
Arcadia Group has agreed to pay the full salaries of head office staff facing redundancy, after backtracking on its initial…
Read More » -
11 September
Games Workshop shares jump amid soaring sales
Games Workshop saw shares jump almost 20% in early trading yesterday, after posting strong preliminary trading results for the three…
Read More » -
10 September
125,500 retail jobs lost since start of 2020
Some 125,515 retail jobs have been lost since the start of 2020, according to the latest data from the Centre…
Read More » -
9 September
Travis Perkins profits slump 80%
Travis Perkins has reported a 80.9% decrease in adjusted operating profits to £42m for the half-year period ended 30 June…
Read More » -
8 September
JD Sports revenues slide in half-year results
JD Sports has reported a 6.5% decrease in total revenue to £2.5bn during the half-year period ended 1 August 2020.…
Read More »
