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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Jul- 2021 -28 July
PMI closes entire IQOS high street portfolio
Global tobacco company Philip Morris International has reportedly closed the entire UK portfolio of its recently opened IQOS shops. According…
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28 July
Shop prices decline will ‘not last forever’, BRC warns
Shop prices have continued to decline in July, but the lowering of prices may “not last forever” in the wake…
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27 July
Superdry opens new flagship store on London’s Oxford Street
Superdry has announced that it has agreed a deal to open a global flagship store on London’s Oxford Street this…
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26 July
Pepco to create 13,000 European jobs
Pepco Group, the owner of discount retailers Poundland and Dealz, has revealed plans to add 13,000 staff members across its…
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23 July
Consumer confidence surpasses pre-pandemic levels
Consumer confidence increased to -7 this month, according to GfK’s Consumer Confidence Index, which is ahead of pre-pandemic levels previously…
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23 July
Ted Baker moves HQ to Fitzrovia
Ted Baker has announced plans to move to a new headquarters in central London. The fashion brand has signed a…
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23 July
Hotel Chocolat raises £40m in stock market debut
Hotel Chocolat has announced the completion of the placing of ordinary shares at £0.1p each raising gross proceeds of £40m…
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22 July
Ryman selects new CEO
Ryman has announced that it has hired Peter Birks as its new CEO, with effect 2 August 2021. He brings…
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22 July
17,000 high street stores could open this year, says Barclays
Some 17,000 local high street stores could open within the next 12 months, as customers reportedly “adapt to a post-lockdown…
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21 July
Next upgrades profit guidance
Next has revealed it is raising its profit guidance for the rest of the year after beating its expectations for…
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