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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Jun- 2018 -5 June
Retail sales bounce back, jump 4% in May
Retail sales in May increased by 4.1% year-on-year, the highest growth reported since January 2014. According to the British Retail…
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4 June
Mothercare vote mishap puts CVA under threat
Mothercare’s plans for a company voluntary agreement (CVA) to stave off further problems, have been plunged into uncertainty after a…
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4 June
Shoplifting incidents increase 4% in a year
An OnBuy investigation which used data from the UK Police has revealed a 4% increase in shoplifting offences in this…
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4 June
Poundworld sale rumoured to be edging closer
Poundworld is reportedly edging closer to a rescue deal with its owners TPG are rumoured to be finalising the terms…
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4 June
Retailers to be forced to report suspicious purchases to MI5
The new Home Secretary Sajid Javid has announced a policy that will see retailers forced to report suspicious sales such…
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4 June
Footfall drops 8.6% as sunshine fails to attract shoppers
The UK high street saw an overall 8.6% year-on-year drop in footfall despite the warm May bank holidays, figures show.…
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1 June
Lush ‘anti-police’ campaign heavily criticised
Cosmetics retailer Lush has been shrouded in controversy after releasing window displays described by many on social media as “anti-police”.…
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1 June
Mothercare relegated from FTSE 100
Troubled retailer Mothercare has been relegated from the FTSE 100 following financial woes that have seen it enter a CVA…
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1 June
Over 10,000 stores predicted to close in 2018, analysts say
A new report from the Centre for Retail Research (CRR) has predicted that 2018 will be the worst year on…
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May- 2018 -31 May
Poundland spits back at Thameslink after Twitter jibe
Train operator Thameslink and discount retailer Poundland have traded barbs after a disgruntled rail passenger tweeted innocuously about delays. Thameslink…
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