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.
-
Apr- 2024 -2 April
Wilko reopens store in Rotherham
Wilko officially returned to Rotherham on 29 March with a new store at Parkgate Shopping Centre. Deputy mayor of Rotherham, councillor Robert Taylor, officiated the launch with a ribbon cutting. The new Wilko Rotherham offers customers all the essentials, as well as 20% more product lines than before. Customers are…
Read More » -
2 April
Søstrene Grene to open new store at Festival Place
Danish homeware retailer Søstrene Grene is set to open a new location at retail destination Festival Place. The lifestyle brand will make its Hampshire debut this year, bolstering Festival Place’s position as a regional hub for fast-growing brands. The new location will deliver the family-owned brand’s range of Scandinavian-inspired homeware…
Read More » -
2 April
Frasers appoints boyfriend of Mike Ashley’s daughter to board
Frasers Group has appointed a director to its board who is reportedly in a relationship with founder Mike Ashley’s youngest daughter. According to the Sunday Times, the Sports Direct owner promoted David Al-Mudallal, 31, the chief operating officer, to its main board as an executive director last month. Al-Mudallal, who…
Read More » -
Mar- 2024 -26 March
Arket to open first store in Ireland
Nordic fashion and lifestyle brand Arket continued its expansion in Europe with the opening of a flagship store in Dublin during 2024, the first destination in Ireland. Based in Sweden, Arket is a modern-day market and lifestyle brand. The collections offer ready-to-wear and accessories for women, men, and children, complemented…
Read More » -
26 March
Pets at Home expects FY PBT to hit £132m
Pets at Home has revealed that it expects its full-year profit before tax to be £132m, in line with its previous guidance. This comes as the company stated that its Q4 trends across its retail and vet arms have been broadly in line with expectations. It now successfully launched its…
Read More » -
25 March
Bumper Easter week to boost footfall by +6.6%
Footfall is forecast to rise by +6.6% across all UK retail destinations over the week of Easter, according to MRI Software. MRI said it anticipates that shoppers will “flock” to retail parks this week to stock up on Easter essentials ahead of the weekend with the latter part of the…
Read More » -
19 March
DFS lowers guidance and warns on Red Sea Crisis
DFS has revealed that it has lowered its full year profit guidance to between £20-£25m after market demands weakened in January and February Alongside this, the company lowered its revenue guidance down to £1bn-1.15bn, a £60-65m drop. The company has warned that these ranges do not factor in the risk…
Read More » -
19 March
Primark trials ‘sold’ stickers as anti-theft deterrent
Primark UK has started trialling a new anti-theft measure, which sees checkout staff at some of the fashion retailer’s branches seal up paper carrier bags with blue “sold” stickers. This measure means that any customers carrying bags without the stickers will be stopped at the door by store security guards. …
Read More » -
15 March
Ann Summers appoints finance director amid CFO retirement
Ann Summers has announced that Kristina Moln-Page has been promoted to the role of finance director, effective from 1 July 2024. She will succeed John Boyle, who will be retiring as chief financial officer after working for Ann Summers for 11 years. Moln-Page will have responsibility for the finance and…
Read More » -
15 March
WH Smith appoints new CFO
WH Smith has appointed Max Izzard as its latest CFO, following the news that Robert Moorhead is set to retire as CFO and COO after more than 20 years with the business. Izzard is currently SVP of group and corporate finance at Burberry. He will join the stationery retailer on…
Read More »
