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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May- 2019 -24 May
Mothercare swings to £87.3m loss in 2018
Mothercare has reported losses before tax of £87.3m for the year ending 30 March 2019. UK like-for-like sales declined by…
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23 May
Arcadia to close 23 stores
Phillip Green’s Arcadia group has announced plans to close 23 stores as part of its restructuring plan, affecting up to…
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22 May
Pets at Home revenues soar as retailer increases market share
Pets at Home has announced it has seen revenues soar in its full-year results to March 2019. Total group revenue…
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20 May
Co-op and Superdrug agree meal deal partnership
The Co-op has struck a “meal deal” with Superdrug which will see it supply the health and beauty chain with…
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14 May
Amazon partners with Next for click and collect service
Next and Amazon today announced Next’s participation in Amazon Counter – a new network of pick up points that allows…
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13 May
Shop vacancy rate rises to highest level in four years
The national town centre vacancy rate rose to 10.2% empty outlets, according to data from the BRC-Springboard Footfall and Vacancies…
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10 May
Select officially enters administration
Embattled retailer Select has officially entered administration, placing 1,800 jobs at risk. Business advisory firm Quantuma has been appointed as…
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9 May
Third of consumers feel ‘unvalued’ by retailers after purchasing
Over a third (34%) of consumers feel retailers don’t care about them after they’ve made a payment, a new report…
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9 May
Superdry issues profit warning as trading ‘continues to be weak’
Superdry has said its “trading performance continues to be weak” as the clothing retailer issued another profit warning in its…
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8 May
Wee Carpet Shoppe ad goes viral
A homemade advert starring a four-year-old girl promoting her grandad’s carpet store, the Wee Carpet Shoppe in Fife, Scotland, has…
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