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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Jan- 2022 -7 January
Poundland unveils plans to open four larger stores
Poundland has announced plans to open four new large format stores this year as part of its “ambitious” transformation targets.…
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6 January
Omicron rise leads to significant footfall drop off
Footfall across all UK retail destinations in December was -18.6% below the 2019 level, the worst result since August and…
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5 January
M&S launches lower carbon diet initiative
Marks and Spencer is launching its Sparking Change National Challenge, inviting its 14 million customers to try a lower carbon…
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5 January
Pepco Group CEO steps down due to health reasons
Poundland owner Pepco Group has announced that CEO Andy Bond will step down at the end of March due to…
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4 January
Retailers see New Year’s Eve footfall boost
Retailers saw a pleasant end to the year with footfall rising 5.2% on New Year’s Eve, according to the latest…
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Dec- 2021 -23 December
Redevco acquires Oxford shopping centre for £38.8m
Redevco, one of Europe’s largest privately-owned real estate investment managers, has acquired Templars Square in Oxford for £38.8m from New…
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23 December
December retail sales slow amid Omicron impact, CBI warns
Retail sales growth slowed in the year-to-December to 8%, down from 39% last month, as the impact of the Omicron…
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21 December
UK high streets suffer as Covid concerns grow
UK high streets saw footfall decline by -2.6% over pre-Christmas weekend, according to the latest figures from Springboard. Although footfall…
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20 December
Mike Ashley to consider taking Frasers private
Mike Ashely is reportedly considering taking Frasers Group off of the stock market in a bid to take advantage of…
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15 December
Casa di Moda sets greenhouse gas reduction target
Fashion retail house Casa di Moda has announced it has set targets to reduce its greenhouse gas emissions by 60%…
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