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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Mar- 2018 -19 March
Next expected to post profits drop, say analysts
Analysts have predicted that clothing chain Next will be latest retailer to report a fall in profits this Friday. It…
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16 March
Conviviality surprise £30m tax bill prompts business review
Off-licence retailer Conviviality has announced it is reviewing the business while holding “constructive” negotiations with lenders, as part of the…
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14 March
3,000 Toys R Us jobs to go as it confirms ‘controlled store closures’
All UK Toys R US stores are poised to shut down after administrators failed to find a buyer, resulting in…
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14 March
Research shows Brexit doesn’t mean exit for international retailers in London
Research from real estate advisor, Colliers International, reveals that in the face economic uncertainty due to Brexit, Central London still…
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14 March
Zara owner Inditex sees 41% jump in online sales
The owner of Zara and Massimo Dutti, Inditex, saw online sales revenue grow by 41% in 2017, according to a…
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14 March
Poundworld fined £1.1m for ‘out of control’ infestation
Discount retailer Poundworld has been fined £1.1m due to its Croydon store failing food hygiene protocols, with over 100 dead…
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14 March
Adidas reports double digit growth across all ‘key’ regions
Sports retail giant Adidas has reported double-digit growth across all of its key regions over the last year, with sales…
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13 March
Oxford street pedestrianisation edges closer amid widespread support
Plans to transform London’s Oxford Street into a pedestrian-only zone has received widespread support, according to a consultation report. Transport…
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13 March
Study finds independent retail and leisure outlet growth is soaring
As multiple stores like New Look, Maplin and Toys ‘R’ Us close, a study by OnBuy.com has found that this has…
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12 March
Retail footfall drops in February
Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen…
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