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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Nov- 2019 -18 November
Mike Ashley to seek turnover rents across Sports Direct Portfolio
Sports Direct owner Mike Ashley is reportedly seeking rent agreements with landlords that will see them linked to store performance.…
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15 November
Carpetright acquired by Meditor
Carpetright has been acquired by its largest investor Meditor Holdings Limited (MHL), in deal which values the retailer at £15.2m.…
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15 November
Body Shop profits rise amid ‘remarkable’ UK sales performance
The Body Shop has reported an increase in sales and profits in its third-quarter, due to a “remarkable” performance in…
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15 November
Co-op announces David McKnight as new director
The Co-operative has confirmed the appointment of David McKnight as new managing director of the Federal Retail and Trading Services.…
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14 November
UK retail sales fall ‘unexpectedly’ in October
UK retail sales “unexpectedly” decreased by 0.1% in October, according to a report from the Office for National Statistics (ONS).…
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14 November
Card Factory sales boosted by group expansion
Card Factory welcomed a strong performance this financial year, with a 5% rise in group sales in the year to…
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13 November
The Co-op to open seven new stores in Scotland
The Co-op has announced it is set to launch seven new stores in Scotland this month, as part of a…
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13 November
£2.9bn investment set to ‘transform’ London’s Oxford Street
The New West End Company, the representative of Oxford, Bond and Regent Street businesses, has announced the 1,000 day countdown…
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12 November
KKR makes £70bn buyout proposal for Walgreens Boots Alliance
Walgreens Boots Alliance, the parent company of high street drug store chain Boots, has reportedly received a £70bn buyout offer…
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12 November
B&M profits plunge by 70% due to ‘disappointing’ German partner
Discount retailer, B&M has reported a 70% drop in profits from £59.5m to £32.3m during the first half of the…
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