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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Apr- 2022 -5 April
The Works forced to close stores amid cyber security incident
The Works has confirmed it has been victim to a cyber security incident involving unauthorised access to its computer systems, which led to several temporary store closures. The retailer said the incident caused “some limited disruption” to trading and business operations, including the closure of some stores due to till…
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1 April
Boots Q2 sales rise as beauty demand climbs
Boots has revealed its total sales in the UK grew 15.2% in the second quarter ending 28 February 2022 (Q2), with continued market share gains in all categories, led by beauty. UK comparable retail sales increased 22% with sustained retail and pharmacy sales growth despite trading headwinds from the Omicron…
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Mar- 2022 -31 March
Oxford Street launches sustainability awareness campaign
Oxford Street has announced its new sustainability awareness campaign, Beyond Now 2022, during April, the month that the nation comes together to mark Earth Day. In its second year, Beyond Now will showcase the “ever-evolving journey that some of the UK’s brands are on to create a brighter future for…
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31 March
High street footfall continues to lag behind pre-pandemic levels
Footfall levels remain 23% below pre-pandemic levels in February 2022 as rising costs are reportedly set to “batter” retailers from 1 April, according to RSM. The latest data from Datscha, analysed by RSM, shows the overall decline in footfall is the worst in London with numbers on Oxford Street down…
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30 March
Customers to cut clothing expenditure as inflation hits 8.8%, study finds
New data from Braze confirms that people will primarily cut down on retail spending to help tackle the cost of living squeeze, with almost 90% of young people ages 25-34 say they will be cutting non-essential spending with the aim to lessen the blow on their savings. It comes after…
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30 March
WHSmith partners with Deliveroo in new trial
WHSmith has partnered with Deliveroo in an exclusive new trial to bring customers a new offer of around 600 WHSmith products on-demand. The new partnership launched yesterday (29 March) in Reading and will be rolled out to nine stores across the UK over the next week, covering Richmond, Muswell Hill,…
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29 March
Footfall rises by 7.8% as weather improves
The second anniversary of the start of the first lockdown in 2020 delivered positive results, with a rise in footfall of +7.8% last week from the week before across all UK retail destinations, according to retail experts Springboard. It found increases in all three destination types; +9.8% in high streets,…
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28 March
Retail Trust launches anti-harassment initiative
The Retail Trust has partnered with law firm Foot Anstey’s retail and consumer team on a new initiative to support retailers in their efforts to foster safer working environments for employees. It comes as the trust said that preventing harassment in the retail environment is becoming a “touchstone people and…
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24 March
High streets face £3bn rates rise on 1 April
Retail, leisure and hospitality businesses in England are facing a “dangerous cost of doing business crisis”, according to real estate adviser Altus Group, as the government presses ahead with its £3.1bn business rates rise on 1 April. Analysis by Altus Group, following yesterday’s (23 March) Spring Statement, shows councils in…
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23 March
Battersea Power Station welcomes Zara to Electric Boulevard
Zara has been announced as the first brand to open on Electric Boulevard in Battersea Power Station. The new store will span 48,800 sq ft and will be the brand’s first central London store situated south of the river, due to open later this year. Electric Boulevard is a new…
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