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 -12 March
Quarter of major UK retailers likely to suffer ‘financial distress’
A new study of over 1600 larger UK retailers with total assets of £5m or over by Company Watch, a…
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12 March
Mass debt for Claire’s Accessories causing bankruptcy talks
US based retailer Claire’s Accessories has been reportedly preparing for bankruptcy, following a mass of debt and a heavy reliance…
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9 March
Valentine’s Day sales fall for fifth year in a row
Valentine’s Day like-for-like in-store sales fell by -1.6% in February, according to the BDO High Street Sales Tracker. The poor…
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9 March
Shoe Zone, Karen Millen ‘named and shamed’ over minimum wage
Karen Millen and Shoe Zone are among the firms that have been ‘named and shamed’ by the Department of Business,…
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8 March
Co-op launches ‘pay in aisle’ mobile app technology
The Co-op has launched a new mobile app that allows customers to pay for their groceries in the aisle and…
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8 March
Owner of John Lewis and Waitrose reports 77% drop in annual profits
The John Lewis Partnership has announced a 77% drop in annual profits and has cut the annual bonus given to…
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8 March
Mother’s Day spending to reach £600m
Brits are set to spend £600 million on Mother’s Day this year, an increase of 3.4% from 2017, according to…
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7 March
Business in the Community launches ‘healthier workplace’ toolkit
Business in the Community (BITC), in association with Public Health England (PHE), has launched a new physical activity, healthy eating…
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7 March
New Look announces CVA proposal, 980 staff at risk
Clothing chain New Look has announced company voluntary agreement (CVA) proposal that will look to close up to 60 stores,…
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6 March
Consumer spending on ‘non-essentials’ increases
According to Barclaycard February 2018 saw increased sales of non-essentials, as consumers continued to prioritise their spending on the ‘experience…
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