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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Dec- 2022 -1 December
Foschini eyes Joules rescue deal
The Foschini Group is reportedly close to agreeing a deal to acquire the majority of collapsed retailer Joules’ stores and…
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1 December
Footfall gap to 2019 widens to -11.1% in Nov despite Black Friday boost
The gap in footfall from 2019 widened in November to -11.1% from -9.8% in October and -12.6% in September; -12.4%…
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Nov- 2022 -30 November
Boohoo alters suppliers payment terms
Boohoo has changed payment terms for suppliers from 30 days to 60 days, effective from 1 December, according to Drapers.…
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29 November
Black Friday boosts footfall +9.3% YOY
Footfall was up +9.3% compared with 2021 across all UK retail destinations on Black Friday, according to the latest figures…
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29 November
Wilko MD steps down amid refinancing talks
Wilko has announced that its managing director Alison Hands is stepping down from her role, as she is set to…
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28 November
Primark to invest £140m in UK stores over next two years
Primark has unveiled plans to invest £140m over the next two years in its UK store estate. This will include…
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24 November
Dr Martens profits fall 5% after growth investment
Dr Martens has recorded a 5% fall in pre-tax profits to £57.9m during the six months to September 30, while…
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23 November
Dreams provides £5m cost of living support package for staff
Bed retailer Dreams has announced that it is providing support for its staff during the cost of living crisis, starting…
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23 November
M&S tops YouGov’s best UK brand poll
M&S has been ranked as the UK’s best brand in YouGov’s annual Global Best Brand Rankings. The rankings are based…
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23 November
Joules makes senior director redundancies following administration
Joules has reportedly made a series of redundancies across its senior positions, a week after the announcement that the group…
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