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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Mar- 2021 -8 March
February footfall falls by 73.5%
UK retail footfall for February reportedly fell 73.5% year-on-year, the second largest decline seen since May 2020. According to the…
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5 March
Sales fall 3.1% in Feb despite record online sales
Shuttered high street shops contributed to a 3.1% decline in total like-for-like sales in February but fashion and homeware helped…
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5 March
Susie Mulder named global brand president for Timberland
VF Corporation has announced the appointment of Susie Mulder as the new global brand president for Timberland, the outdoor retailer.…
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4 March
February footfall rises across all destinations despite lockdown
Footfall across UK retail destinations rose by 16% in February against the previous month, despite the continuation of lockdown and…
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4 March
B&M raises FY21 guidance amid strong Q4 trading
B&M has raised its full-year guidance for the financial year ended 27 March 2021, as revenue has risen 22.5% in…
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2 March
Card Factory confirms refinancing plans
Card Factory has issued a liquidity update which confirmed the groups intentions to “refinance” as the banks have provided further…
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1 March
Halfords predicts £100m profit amid cycling boom
Halfords has announced it expects pre-tax profit in its full-year results to range between £90m-£100m, after reporting “better than expected”…
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1 March
Russia’s Fix Price mulls London float
Fix Price, a Russian budget retailer, is reportedly set for an IPO of between £1.08bn and £1.22bn as the group…
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Feb- 2021 -25 February
Retail set for 50% April increase to footfall
UK retail destinations are expected to see footfall rise by 47.9% upon the reopening of non-essential retail and outdoor hospitality…
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25 February
Primark forecasts £1.1bn sales hit
The owner of Primark is expecting to lose £1.1bn in sales during the first half of its financial year due…
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