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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Oct- 2022 -28 October
Store vacancy rate falls but remains below pre-pandemic levels
In the third quarter of 2022, the overall GB vacancy rate decreased to 13.9%, a 0.1% rise from Q2 and…
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27 October
Shop workers report rise in customer abuse, Retail Trust says
The cost of living crisis has reportedly led to a rise in the number of retail staff facing abuse from…
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26 October
M&S warns it will close Oxford Street store if rebuild plans are blocked
Marks and Spencer has warned an inquiry it will close its Oxford Street location if its plans to demolish and…
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26 October
Virgin Wines posts profit upturn as it warns of oncoming crisis
Virgin Wines has said that its profits before tax rose to £5.1m for the year ended 1 July 2022, up…
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25 October
Nothing to open first retail store in Soho
Carl Pei’s challenger-technology brand, Nothing, has announced it is opening its first ever retail store, aimed at being “a physical…
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25 October
Footfall falls 2.3% amid falling incomes and political uncertainty
Footfall across UK retail destinations declined by -2.3% last week from the week before, with drops in all three key…
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25 October
Shoe Zone celebrates positive year
Shoe Zone has revealed that its adjusted profit before tax is expected to be no less than £11m for the…
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24 October
Lenders prepare to take control of Matalan as bid deadline hits
Lenders are reportedly preparing to take control of Matalan after the deadline for its rescue bids was hit last Friday…
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21 October
Zara to launch resale and repair service
Fashion retailer Zara is set to launch ‘Zara Pre-Owned’ in the UK, an integrated platform available through its stores, website…
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21 October
ProCook revenues fall 9.1% in Q2
ProCook has reported revenues of £15.9m in Q2, a 9.1% drop year-on-year, yet still 110.4% higher on a like-for-like basis…
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