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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Feb- 2019 -5 February
Carpetright CFO to step down as sales fall
Carpetright has reported its like-for-like sales “remained negative” during the 13 week period ending 26 January and also revealed its…
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5 February
Oliver Bonas to open eight new stores in 2019
Fashion and jewellery retailer Oliver Bonas will open eight new stores in 2019, creating at least 80 new jobs as…
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5 February
HMV bought by Sunrise Records
HMV has been bought by Canadian record store chain Sunrise Records, the deal will save 100 stores and 1,487 jobs,…
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4 February
Mike Ashley acquires Sofa.com
Sports Direct owner Mike Ashley has acquired Sofa.com for a “nominal sum”, adding yet another business to his growing portfolio…
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4 February
Canadian record shop owner ‘enters race’ for HMV
Doug Putman, the owner of Canadian record store chain, Sunrise Records, is said to be interested in purchasing HMV. The…
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1 February
Oddbins falls into administration
Off licence chain Oddbins has fallen into administration with parent company European Food Brokers (EFB) blaming the deterioration of the…
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1 February
Moss Bros eyeing Debenhams interim chair
Fashion retailer, Moss Bros is looking at Debenhams interim chair Terry Duddy to replace its outgoing chair Debbie Hewitt. Duddy,…
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1 February
ScS ends Sofa.com talks paving way for Mike Ashley
ScS has ended its interest in acquiring rival furniture retailer Sofa.com stating it is “no longer in discussions”, leaving Sports…
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1 February
MPs launch business rates inquiry
The Treasury Committee has launched a new inquiry into business rates to scrutinise how government policy has impacted high street…
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Jan- 2019 -31 January
Arcadia fined £450k after girl fractures skull in Topshop
Philip Green’s retail group Arcadia has been fined £450,000 after a 10-year-old girl was hit on the head by a…
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