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- 2023 -9 February
Seasalt partners with Reskinned for new takeback and resale scheme
Seasalt has announced it has partnered with Reskinned, to launch a new takeback and resale scheme. As part of the scheme, Seasalt has committed to taking in old clothes from customers, repairing them, and reselling them on its website. Those that contribute to the scheme will be given up to…
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8 February
Wilko launches click-and-collect in UK stores
Wilko has launched a click-and-collect service that will be available in all of its UK stores. The introduction of this service comes as the company wants to find new ways to make it easier for customers to shop for the items they need. According to Wilko, the new service will…
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7 February
Victorian Plumbing appoints new CFO
Victorian Plumbing Group has revealed that Paul Meehan, the group’s chief financial officer, is set to step down and will be replaced by group director of finance Daniel Barton. Victorian Plumbing said that Meehans advised the board that he wishes to step down from his role on 31 March 2023…
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2 February
John Lewis customer director steps down amid role consolidation
John Lewis has announced it is consolidating its customer relations management, with Charlotte Lock taking on the newly created role combining its pan-partnership customer and capabilities teams. Lock takes over from Claire Pointon, who stepped down from the role of customer director. The John Lewis Partnership is bolstering its Customer…
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2 February
Return to office boosts weekday footfall in Jan
A return to the office has boosted footfall in January despite the effects of rail strikes over the month, Springboard has said, with footfall up by 10.7% against the prior year. This was greater than the annual uplift of 9.9% reported in December 2022 and marked the largest annual increase…
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1 February
H&M confirms regional UK store closures
Fast fashion retailer H&M has confirmed that it will be closing a number of stores across the UK in Burton, Hartlepool, Maidenhead and Newport on the Isle of Wight. The decision follows H&M Group’s financial results which indicated a 87% year-on-year fall in operating profit to £64.5m in the fourth…
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Jan- 2023 -31 January
Wickes sales grow 5.2% as energy-saving products provide boost
Wickes has announced that its like-for-like sales grew by 5.2% in Q4 up to 31 December, as it saw strong demand for energy-saving products such as loft insulation and draught excluders. Its “Do It For Me” like-for-like sales soared 34.5%, which helped total group sales increase by 11.5% in the…
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27 January
Store Vacancies fall to 13.8% in Q4
The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than Q3 and 0.6 percentage points better than the same period last year, according to the latest BRC/LDC monitor. This was the fifth consecutive quarter of falling vacancy rates. All locations…
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25 January
Furniture Village names new MD amid Board reshuffle
Furniture Village has strengthened its board of directors with several senior appointments from within, including founder Peter Harrison taking on the position of executive chairman, and his son, Charlie Harrison taking on the position of managing director. This follows on from the recent exit deal from its external shareholders BGF,…
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24 January
Sosander announces partnership with Sainsbury’s
Sosandar has announced that it has entered into an agreement to sell a curated collection of its products through Sainsbury’s. Through this wholesale agreement, a selected range will begin to be sold through Sainsbury’s during 2023, initially online only, with selected stores planned later this year as Sainsbury’s increases its…
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