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 -7 August
Usdaw warns business rates increase could risk more jobs
Retail trade union Usdaw has expressed “major concerns” over reports that the government is considering increasing business rates for premises…
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6 August
McColls reports H1 sales rise as Covid drives demand
Convenience chain retailer McColls has reported an 8.3% increase in sales for the first half of the financial year after…
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5 August
WH Smith to axe 1,500 roles
WH Smith has launched a collective consultation that could see around 1,500 roles across the business axed in a bid…
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4 August
Mandatory face coverings sparks ‘modest’ uplift in footfall
Footfall across all UK retail destinations saw a “modest” uplift last week, with footfall up by 2.8% against the week…
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Jul- 2020 -31 July
TUI to shutter 166 stores
TUI is set to close 166 high street stores in the UK and Ireland as it “adapts to changes in…
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31 July
Pets at Home sales stabilise in quarterly results
Pets at Home has announced that total group revenue fell by 1% in the quarter ended 16 July, while like-for-like…
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31 July
ScS reports ‘strong’ growth in lockdown-sales
Furniture retailer ScS has said trading has been “very strong” both in-store and online, since the reopening of its stores…
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30 July
Waterstones set to axe HQ roles
Waterstones is reportedly set to make a number of redundancies at its Piccadilly-based head office. According to the Bookseller, the…
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29 July
Games Workshop profits soar in full-year results
Games Workshop saw its pre-tax profits jump to £89.4m during the year ended 31 May 2020, up from £81.3 in…
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28 July
Card Factory performance ‘exceeds’ expectations
Card Factory’s performance has “exceeded” initial expectations since the reopening of its estate, with like-for-like sales down only 21.6%, against…
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