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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Jun- 2021 -30 June
Dixons Carphone profits reach £33m amid online surge
Dixons Carphone has reported pre-tax profits of £33m for the year ended 1 May 2021, climbing from a £140m loss last year when the group was hit by the effects of Covid-19. Revenue for the period reached £10.3bn and was boosted by a 103% online sales growth to £4.7bn during…
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29 June
Footfall remains static due to variable weather
Footfall in the UK remained virtually unchanged over the past week due to variable weather conditions across the country, according to data analysts Springboard. For the week beginning 20 June 2021, week-on-week footfall only fell by 0.2%, which represents a 49.3% rise from the same period last year and a…
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29 June
MPs calls for ‘stronger policing’ to protect retail staff
The Home Affairs Committee has called for a “much stronger policing response” to tackle violence and abuse against shopworkers, as well as more support from employers and more prevention work on local high streets. The news follows a recent survey by The Association of Convenience Stores which found that 89%…
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28 June
DFS appoints new non-executive director
DFS Furniture has announced the appointment of Loraine Martins as an independent non-executive director of the company, effective immediately. Martins will be a member of the audit committee, nomination committee, and remuneration committees. Since 2012, she has been the director of diversity and inclusion at Network Rail, which is responsible…
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28 June
Greggs sales ‘stronger than anticipated’ post-lockdown
Greggs has revealed that the level of sustained sales recovery is “stronger than anticipated” since its previous trading update, adding that if it were to continue, its performance would have a positive impact on its full-year results. In recent weeks, while the impact of pent-up demand for retail has reduced,…
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24 June
Nobody’s Child opens new London site
Nobody’s Child, a responsible women’s clothing brand, has opened a new site on 50 Carnaby Street, London. The new store offers customers the brand’s complete spring/summer collection, including dresses, loungewear, and swimwear. In addition, customers can also shop a “curated collection” of independent labels including Every Nook, Ammé, and LØCI.…
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24 June
Usdaw urges gov to accept new worker protective measures
The Union of Shop, Distributive and Allied Workers (Usdaw), retailers, and trade bodies are standing together, calling on the prime minister to accept that legislation is needed to protect the UK’s three million retail workers. The news follows the government’s recent rejection of the calls with it being urged to…
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22 June
Footfall drops 3.1% following gov announcement
Footfall dropped 3.1% last week following the government’s announcement that the lifting of restrictions will be delayed until 19 July, according to the latest figures from Springboard. For the week beginning 14 June, footfall declined across all types of high streets across the country, with London being the hardest hit…
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21 June
BPF slams gov’s commercial property rent moratorium extension
The British Property Federation (BPF) has come out against the government’s latest commercial property rent moratorium extension. Last week (16 June), the UK government announced a further extension of moratoriums on commercial property owners’ rights until March 2022. Legislation is set to be introduced later this session in parliament in…
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21 June
Hotel Chocolat acquires Rabot 1745
Hotel Chocolat has announced that it has agreed to acquire the entire issued share capital of Rabot 1745 Limited. Rabot was established in 2016 as a joint venture between the company and Andrew Gerrie (the non-executive chairman of Hotel Chocolat) to develop a range of beauty products inspired by the…
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