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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Aug- 2020 -21 August
Retail sales volumes recover slightly in July
Retail sales volumes increased by 3.6% in July when compared with June, according to new data from the ONS. The…
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20 August
Frasers Group profits slump in full-year results
Frasers Group has reported a 19.9% decrease in pre-tax profits to £143.5m in its preliminary results for the year ended…
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19 August
Fraser Group exec buys shares ‘in error’ during closed period
Fraser Group non-executive director David Daly “accidentally” purchased shares on Monday (17 August) during a closed period. In an announcement…
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17 August
Debenhams draws up contingency plans for potential liquidation
Debenhams has reportedly drawn up contingency plans in the event of a potential liquidation, as it continues to weather the…
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14 August
River Island set to axe 350 jobs
River Island is reportedly set to axe almost 350 store management and sales roles as it continues to weather the…
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13 August
Topps Tiles retail revenues rise in Q4 results
Topps Tiles has reported a 15.5% year-on-year increase in retail revenues for the Q4 period ended 8 August 2020. Average…
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12 August
Mike Ashley’s Frasers Group delays results for second consecutive year
Mike Ashley’s Frasers Group has announced it is to delay the publication of its annual results for the second consecutive…
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11 August
Frasers Group mulls Debenhams acquisitions
Frasers Group owner Mike Ashley is reportedly looking to acquire up to 30 Debenhams stores. According to the Mail, sources…
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10 August
Baird Group launches CVA proposal
Baird Group has launched a Company Voluntary Arrangement (CVA) proposal in order to safeguard the “long-term future” of the group.…
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10 August
WH Smith seeks rent cuts
WH Smith is reportedly seeking rent cuts from its landlords as it looks to cut costs. According to The Sunday…
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