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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May- 2022 -4 May
Retail Jobs Alliance demands business rates reform
An alliance of retail companies including Tesco, Sainsbury’s, Greggs and Waterstones are forging a new coalition to urge Rishi Sunak…
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3 May
Asda owners in talks to sell £13bn EG Group
Asda owners the Issa brothers are reportedly in talks to merge their EG petrol forecourt business with Canadian convenience store…
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3 May
Card Factory swings to profit in FY22
Card Factory plc has reported its pre-tax profits surged 167.7% to £11.1m for the year ended 31 January 2022 (FY22),…
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3 May
John Lewis to hire 150 tech jobs in digital expansion
John Lewis Partnership has announced it is hiring over 150 roles as part of a major investment in digital. The…
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Apr- 2022 -28 April
Superdrug freezes prices on over 100 products
Superdrug has announced that it is freezing the prices of over 100 everyday essential products across personal care, beauty and…
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28 April
Apollo and Reliance plan joint bid for Boots takeover
US buyout firm Apollo Global Management and Reliance Industries have joined forces to plan a joint bid for UK pharmacy…
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27 April
Coca Cola Q1 revenues hit £8.37bn
The Coca-Cola Company has reported its revenues surged 16% to $10.5bn (£8.37bn) in the three months ended 1 April 2022…
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27 April
May deadline set for Boots takeover bids
A deadline of May 16 has been set for final bids for Boots, according to Sky News. The company’s owner…
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26 April
Footfall declines 7% in post-Easter slump
Footfall across UK retail destinations declined by -7% last week from the week before, with a drop of -10.2% in…
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25 April
Reebok owner enters race to buy Ted Baker
Authentic Brands Group (ABG), The US-based brand licensing empire which includes Reebok and a controlling stake in David Beckham’s consumer…
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