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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Dec- 2024 -11 December
Walgreens takeover bid could trigger Boots auction
A $10bn plus takeover bid for Walgreens Boots Alliance (WBA) from private equity firm Sycamore Partners could lead to an…
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10 December
Pepco Group suffers £675m Poundland hit
Pepco Group has reported a £675m impairment charge on its UK subsidiary Poundland, as a result of “a significant decline…
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5 December
Frasers lowers profit guidance as H1 sales fall 8.4%
Frasers Group has lowered its profit guidance for FY25 to between £550m to £600m, having seen its sales fall by…
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4 December
Chancellor admits NI rise won’t be ‘easy’ for businesses
Chancellor Rachel Reeves has admitted that it will not be “easy” for businesses to “absorb” the rise in employers’ national…
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2 December
Black Friday helps boost retail footfall
The week of Black Friday combined with the recovery from Storm Bert provided UK retail destinations with a welcome boost…
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Nov- 2024 -27 November
High street should ‘look beyond retail’, says new Lords report
The high street has been advised to “look beyond retail” in order to reverse its decline, according to a new…
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27 November
Pets at Home HY PBT up 14% to £54.5m
Pets at Home has revealed that its underlying profit-before-tax rose 14.1% to £54.5m for the half year ended 10 October…
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25 November
BRC urges public to give retail workers gift of a ‘safe Christmas’
Ahead of Black Friday and the busy festive period, the British Retail Consortium (BRC) and its retail members are calling…
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25 November
Ann Summers owners explore options amid widening losses
The owners of Ann Summers, the Gold family, are reportedly lining up Interpath Advisory to explore options for the high…
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20 November
Ann Summers receives £5m cash injection from owners
Ann Summers had reportedly received a cash injection from its owners, the Gold family, with the aim of mitigating its…
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