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- 2018 -13 November
House of Fraser could see ‘significant’ number of further store closures
House of Fraser is set for a “significant” number of further store closures after landlords reportedly refused to agree to…
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13 November
B&M posts double-digit sales and profit growth
B&M has announced a double-digit increase in both group revenues and profit before tax in the 26 week period ending…
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13 November
EU rules could ‘thwart’ Hammond’s business rates promise
Hammond’s plan to help high streets through a near £1bn, two year business rates cut, is set to be thwarted…
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12 November
Forecasts predict £99bn retail sales increase during ‘golden quarter’
Total UK retail sales in Q4 are expected to rise by 2% to £98.8bn for the three months to the…
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12 November
All Saints sees profits fall by over half
Clothing retailer All Saints has seen its profits fall by over half to £10.6m in the year to February 2018.…
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12 November
Footfall drops for 11th consecutive month
Footfall in October fell by 2% on the previous year, an identical fall to that recorded in October 2017 and…
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9 November
Half of British small retailers ‘love’ their job
Half of small UK retailers said that they “love” their job according to new research, the highest out of nine…
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9 November
October footfall ‘wobble’ sparks fresh concern for UK high street
October saw a 7.4% drop in UK store visits, the biggest year-on-year drop since July, while average weekly footfall was…
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9 November
Gap between retail closures and openings continue to widen, says PwC
A combination of growth in online shopping, shift to in-home leisure, heightened restructuring activity and ongoing digitisation of services has…
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6 November
Pandora reduces FY expectations amid ‘unsatisfactory Q3’
Pandora has reduced its full-year expectations after experiencing an “unsatisfactory” third quarter in 2018. In Q3 group revenue decreased 3%…
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