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- 2025 -27 August
Poundland saved from collapse as restructure is approved
Poundland has been saved from collapse just days before the retailer was due to run out of money. Its restructuring plan was approved by a High Court after barristers told a hearing that it would fall into administration by Friday and could run out of money by 7 September if…
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26 August
Cadogan secures new international retail signings on King’s Road
Cadogan has announced it has secured more than 28,000 sq ft of new long-term lettings on King’s Road, including several international and UK debut stores. Dutch menswear brand Mr Marvis has chosen 52 King’s Road for its London debut, while luxury womenswear label Needle and Thread will open at 102…
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26 August
Business rates ‘double hit’ to cost English firms £2.5bn
Businesses the length and breadth of England are “staring down the barrel” of a £2.5bn hike in property taxes from April 2026, as inflation and a new government stealth tax will combine to drive up business rates bills, according to analysis by global tax firm Ryan. A nationwide revaluation of…
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26 August
New Look owners appoint Rothschild to oversee sale process
New Look owners, Alcentra and Brait, have reportedly hired Rothschild to advise on a strategic review, which is expected to lead to a sale of the high street fashion chain next year, according to Sky News. It is understood that the appointment of the investment bank took place in recent…
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22 August
Primark marks 50 years in Scotland with ‘Preemark’ rebrand
Primark is celebrating 50 years on Scottish high streets with a ‘Preemark’ rebrand, paying tribute to how many Scots pronounce the retailer’s name. The branding will feature in all 21 Scottish stores from 21 to 24 August, with full store takeovers in Hamilton, Edinburgh Princes Street and Glasgow Argyle Street.…
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22 August
Retail bosses urge chancellor to cut industry tax burden in Budget
More than 60 retail leaders have written to the chancellor ahead of the Autumn Budget, warning that rising costs are driving up prices and threatening jobs. Chief executives from companies including Tesco, Sainsbury’s, Aldi, Asda, Boots and Ikea signed the letter, which calls for a reduction in business rates for…
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21 August
Mama and Papas CEO to step down amid fresh growth plans
Mamas and Papas has announced that its chief executive officer, Nathan Williams, is to step down after seven years in the role, as the nursery brand sets out a new strategy focused on overseas expansion and digital investment. Williams, who joined the business in 2017, will remain in post while…
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21 August
WHSmith lowers US profit forecast after £30m accounting overstatement
WHSmith has cut its profit forecast for its North American business after uncovering an accounting overstatement of around £30m. As a result, it now expects headline trading profit from North America to be about £25m for the year ending 31 August 2025, compared with previous market expectations of around £55m.…
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19 August
JoJo Maman Bébé launches pre-loved clothing scheme
Childrenswear retailer JoJo Maman Bébé has officially launched a resale scheme in partnership with pre-loved clothing platform Thelittleloop. The new service, JoJo Reloved, went live in the UK today (19 August) and allows customers to trade in outgrown kidswear in exchange for store credit. The scheme accepts items from JoJo…
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18 August
Waterstones to open 10 new stores a year amid BookTok craze
Waterstones has revealed that it is opening 10 new stores a year as it looks to capitalise on social media trends such as BookTok leading to more young people reading. The retailer which owns the Waterstones, Foyles, Hatchards and Blackwell’s brands told The Guardian that its sales were up 5%…
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