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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Oct- 2025 -2 October
Reeves set to scale back business rates plans for large retailers
Chancellor Rachel Reeves is reportedly planning to scale back plans to raise business rates on big retailers after warnings it could push up food prices, according to the Financial Times. The news comes after the Treasury had planned to put properties worth more than £500,000 into the highest tax band…
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1 October
Greggs Q3 sales up 6.1% amid improved August and September
Greggs has revealed that its total sales were up 6.1% for the 13 weeks ended 27 September 2025 due to improved trading in August and September following the heatwaves in July. Alongside this, its company-managed shop like-for-like sales were up 1.5% in the period and up 2.2% in the year-to-date.…
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Sep- 2025 -30 September
Søstrene Grene turnover jumps 31% to £314m as UK expansion ramps up
Danish homewares brand Søstrene Grene has reported record turnover for the 2024/25 financial year, with turnover rising 31% from £240m to £314m. Growth was driven by strong international expansion and particularly high performance in the UK, where sales increased 130% year-on-year. Meanwhile, gross profit increased from £91m to £111m, while…
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30 September
Card Factory profits fall despite revenue uplift
Card Factory has announced that its adjusted profit-before-tax has fallen 46.4% to £7.5m for the six months ended 31 July, compared with £14m in HY25. The company put this down to the timing of efficiency-focused investments including an upgrade to its point of sale till system. Despite this, the group’s…
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29 September
Modella acquires 156 Claire’s stores in UK&I rescue deal
Specialist retail investment firm Modella Capital has officially acquired 156 Claire’s stores in the UK and Ireland after the accessories chain entered administration last month. Claire’s, known for ear piercings and jewellery, went into administration on 13 August 2025 after years of financial difficulties. The UK and Ireland arm is…
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29 September
Retail footfall rises as high streets drive September rebound
Retail footfall across the UK rose last week, with overall visits up 5.4% on the previous week and 4.4% higher than the same period last year, according to figures from data firm MRI Software. High streets led the increase, with activity climbing 7.7% week on week. Regional cities recorded a…
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29 September
BRC warns retailers over lack of biodiversity targets
The British Retail Consortium (BRC) has warned in a new report that retailers must step up efforts to tackle biodiversity loss or risk undermining the resilience of their supply chains. The trade body’s report, Planning for Nature, found that 76% of retailers have no targets in place to protect nature.…
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29 September
Pets at Home appoints new CFO
Pets at Home has announced the appointment of Sarah Pollard as its new chief financial officer and executive director. This comes after former CFO Mike Iddon advised the board of his intention to retire from his role with the company after nine years. He will continue in his role until…
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26 September
Poundland rolls out ‘simple’ £1, £2, £3 grocery pricing
Poundland has completed the roll out of its simplified grocery pricing across all of its UK stores, taking the discount chain “firmly back to its roots”. The move, which it labelled as central to plans to get the business back on track, has simplified grocery ranges at Poundland stores to…
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24 September
JD Sports sees PBT rise to £138m despite UK sales decline
JD Sports has revealed that its statutory profit-before-tax rose 9.5% to £138m, up from £126m, for the half year ended 2 August 2025. It comes despite a 1.7% decline in UK sales which the company attributed to tough comparatives as a result of the men’s Euro 2024 football tournament. Overall,…
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