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Marks Electrical FY revenues drop 7.5%

Marks Electrical FY revenues drop 7.5%

Retail employment falls to its lowest level on record

Retail employment falls to its lowest level on record

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High Street

High Street examines the challenges and opportunities facing UK high street retailers as they adapt to changing consumer behaviour and economic conditions. This section covers store performance, regeneration efforts, digital integration, and local business strategies. Retail Sector’s High Street coverage provides in-depth reporting and analysis for retail leaders, landlords, and suppliers, exploring how innovation, investment, and community engagement are reshaping the nation’s retail hubs.

High Street

High Street examines the challenges and opportunities facing UK high street retailers as they adapt to changing consumer behaviour and economic conditions. This section covers store performance, regeneration efforts, digital integration, and local business strategies. Retail Sector’s High Street coverage provides in-depth reporting and analysis for retail leaders, landlords, and suppliers, exploring how innovation, investment, and community engagement are reshaping the nation’s retail hubs.

Monsoon sales rise 43% in FY22

Monsoon saw its sales rise 43% to £258m and a strong gross margin performance of 5.3% that…

The Body Shop global retail director steps down

The Body Shop global retail director Linda Campbell has stepped down from the health and…

MusicMagpie sees revenues drop to £144.8m

Music Magpie, who specialises in refurbished consumer technology, has announced its…

Footfall rises 5.4% amid ‘cause for optimism’

Footfall rose by +5.4% across all UK retail destinations last week from the week before,…

CBI downgrades growth forecast to -0.4% amid ‘lacklustre outlook’

CBI has downgraded its GDP growth outlook significantly, to -0.4% in 2023 (from 1.0% in its…

Next partners with Tom Joule to acquire Joules

Joules has confirmed that its founder Tom Joule has partnered with Next Plc to acquire the…

Hotel Chocolat falls to £9.2m loss in FY22

Hotel Chocolat has fallen to a pre-tax loss of £9.2m in its latest full-year results, down…

Foschini eyes Joules rescue deal

The Foschini Group is reportedly close to agreeing a deal to acquire the majority of…

Footfall gap to 2019 widens to -11.1% in Nov despite Black Friday boost

The gap in footfall from 2019 widened in November to -11.1% from -9.8% in October and -12.6%…

Boohoo alters suppliers payment terms

Boohoo has changed payment terms for suppliers from 30 days to 60 days, effective from 1…