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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Aug- 2023 -1 August
Greggs profits jump 14.2% to £63.7m in H1
Bakery retailer Greggs has revealed that its underlying profit before tax excluding exceptional items increased 14.2% to £63.7m in the…
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Jul- 2023 -28 July
UK loses 6,000 storefronts in five years
The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to…
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28 July
B&M secures three-year Bobby Arora commitment
B&M has announced that it has agreed a deal with group trading director Bobby Arora which will see him committed…
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27 July
Retail crime soars by 35% to record levels, Co-op warns
Retail crime has soared to “record” levels, with repeat offenders and criminal gangs operating with little consequences, the Co-op Group…
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27 July
Frasers profits nearly double amid sports retail growth
Frasers group has posted profit before tax of £660.7m for the year ended 30 April 2023, nearly double the £335.6m…
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25 July
Amazon closes its first checkoutless store after two years
Amazon’s first Amazon Fresh store in the UK has closed, having opened just over two years ago. The till-less store…
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21 July
Wilko owners explore potential sale
The owners of Wilko are reportedly exploring a potential sale of the chain in a bid to rescue the group’s…
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19 July
Small businesses to be offered rent-free stores on Oxford Street
Westminster City Council has partnered with New West End Company to launch a new programme called Meanwhile On: Oxford Street,…
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17 July
DFS hits FY23 profit guidance amid record market share
Furniture retailer DFS has announced that it has hit its profit guidance of just over £30m for the year ended…
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13 July
Poundland owner reports positive growth of 12.5% in Q3
Pepco Group, the owner of Poundland, has reported that third quarter revenues hit €1.37bn (£1.17bn), up by 12.5% year-on-year, with…
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