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 -20 October
Dunelm sales down 8% in Q1
Homewares retailer Dunelm has revealed that its sales were down by 8% to £357m in the 13-week period ended 1…
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20 October
Wilko calls in advisers amid cost-cutting measures
Wilko has reportedly drafted in Teneo as advisors as the retailer seeks to cut costs across the business amid the…
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20 October
Burberry raises staff pay six months early
Burberry has announced it has brought forward the implementation of new UK real Living Wage pay rates for its staff…
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18 October
Matalan secures 6 month extension to £350m debt repayment
Matalan has announced that it has secured a deadline extension for its £350m debt repayment. The company revealed the original…
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17 October
Footfall increases marginally as city centre workers return to office
Footfall across UK retail destinations rose marginally by +0.8% last week from the week before as performance was boosted by…
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17 October
Asos enters final stages of financial amendment
Online fashion retailer Asos has said it is in the final stages of agreeing an amendment to the future financial…
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12 October
Poundland owner sees revenues rise 17.4% in FY22
Pepco Group, the parent company of Poundland, has revealed an increase in the group’s full year revenues of 17.4% on…
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12 October
Yoox Net-a-Porter announces interim CEO
Yoox Net-a-Porter has announced it has appointed Alison Loehnis as interim CEO, effective 31 October 2022, replacing Geoffroy Lefebvre who…
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12 October
Elliott in talks with Matalan founder over takeover bid
Elliott Advisors has reportedly entered talks with John Hargreaves, the founder of Matalan, regarding his bid to buy back the…
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11 October
ScS sees revenues rise but warns of reduced consumer confidence
ScS has reported a record 8.6% revenue rise in its preliminary results for the 52-week period ended 30 July 2022,…
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