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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Feb- 2018 -21 February
Homebase and Bunnings owner sees profits plummet in 2017
Wesfarmer, which owns DIY stores Homebase and Bunnings, has revealed profits for the second half of 2017 were down by…
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21 February
UK retailers ‘self-restricting’ growth due to limited payment options
The UK’s top retailers are limiting online sales potential by up to 30% by not offering a range of payment…
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20 February
Philip Green says Arcadia sale rumours are ‘totally false’
Sir Philip Green and board members at the Arcadia Group have denied reports of being in negotiations to sell the…
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19 February
Third of SME retailers expect Bitcoin on high street in two years
Cryptocurrency will be a regular thing on the UK high street say a third of SME owners.A study conducted by…
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19 February
Philip Green considers selling Arcadia to Chinese firm
British retail magnate Sir Philip Green is reportedly in talks to sell part of the Arcadia Group to a Chinese…
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16 February
Poundland owner appoints Richard Heis as restructuring officer
Struggling retail giant Steinhoff has appointed Richard Heis as chief restructuring officer charged with the task of returning it to…
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16 February
Co-op set to open ‘record number’ of stores and refits
The Co-op will be opening 30 new food stores and refurbishing seven existing properties from its current portfolio in the…
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15 February
Laura Ashley shares tumble after profit warning
Shares in retailer Laura Ashley have fallen by as much as 18% after a profit warning was issued for the…
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14 February
London Bridge retail brands unveiled in £1bn redevelopment
Network Rail has announced that London Bridge station will play host to a number of retail brands as part of…
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14 February
Pure Collection fined nearly $1m for customs evasion
Clothing retailer Pure Collection has been fined $908,100 (£655,230) by the US government to settle a whistleblower lawsuit for customs…
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