UK High Street

Tuesday, April 30, 2019

Tuesday, April 30, 2019

Shop workers facing almost 300 assaults every day

Shop workers facing almost 300 assaults every day

Shop workers facing almost 300 assaults every day

Shop workers are facing almost 300 assaults every day, ranging from attacks by drunks to being injured trying to tackle shoplifters, a new study suggests.

Thursday, April 18, 2019

Thursday, April 18, 2019

Retail sales surge despite Brexit uncertainty

Retail sales surge despite Brexit uncertainty

Retail sales surge despite Brexit uncertainty

Consumers have continued to ignore concerns about Brexit to send retail sales surging in March, official figures show.

Wednesday, January 23, 2019

Wednesday, January 23, 2019

Some 1,200 jobs at risk as Santander closes branches

Some 1,200 jobs at risk as Santander closes branches

The bank Santander will close 140 branches in the UK, putting over a thousand jobs at risk

Monday, January 14, 2019

Monday, January 14, 2019

Takeaway owners to be given the right to transform their restaurants into homes

Takeaway owners to be given the right to transform their restaurants into homes

Takeaway owners to be given the right to transform their restaurants into homes

Takeaway shop owners are set to be given the right to convert their restaurants into homes without planning permission in a bid to revive the high street.

Thursday, January 3, 2019

Thursday, January 3, 2019

Next cuts profit forecast despite healthy December sales as chief dismisses Brexit fears

Next cuts profit forecast despite healthy December sales as chief dismisses Brexit fears

Next cuts profit forecast despite healthy December sales

Next chief executive Simon Wolfson said Brexit would only make people be 'a little more cautious' as the retailer dropped its profit predictions

Monday, December 17, 2018

Monday, December 17, 2018

Online retailer ASOS issues profits warning as Christmas sales stagnate

Online retailer ASOS issues profits warning as Christmas sales stagnate

Online retailer ASOS issues profits warning as Christmas sales stagnate

Online retailer ASOS has warned over sales and profits after experiencing a "significant deterioration" in trading in the run-up to Christmas.

Tuesday, October 30, 2018

Tuesday, October 30, 2018

House of Fraser pays more to rent London premises than Amazon pays in tax, says Damian Collins

House of Fraser pays more to rent London premises than Amazon pays in tax, says Damian Collins

House of Fraser pays more rent than Amazon pays in tax, says Damian Collins

Damian Collins said the Budget will make things fairer for small businesses and ensure tech giants pay the right amount of tax

Monday, October 15, 2018

Monday, October 15, 2018

Claire's considering 'UK store closures'

Claire's considering 'UK store closures'

The accessories chain is believed to be working with restructuring firm Alix Partners as it weighs up its options.

Tuesday, September 25, 2018

Tuesday, September 25, 2018

Brexiteer Next boss says no-deal Brexit gridlock at ports 'would be a problem'

Brexiteer Next boss says no-deal Brexit gridlock at ports 'would be a problem'

Brexiteer Next boss says no-deal Brexit gridlock at ports 'would be a problem'

Lord Simon Wolfson, the chief executive of Next, has warned of potential issues if a no deal Brexit caused gridlock at ports

Thursday, September 13, 2018

Thursday, September 13, 2018

John Lewis half-year profits fall by 98%

John Lewis half-year profits fall by 98%

John Lewis half-year profits fall by 98%

John Lewis reported a profit loss of 98% in the six months to July 2018

Monday, July 2, 2018

Monday, July 2, 2018

50,000 retail jobs lost in the first half of 2018

50,000 retail jobs lost in the first half of 2018

Numbers show that approximately 50,000 staff have been made redundant or seen their role put under threat, with the bulk of them working for well-known high street chains.

Wednesday, June 27, 2018

Wednesday, June 27, 2018

Five Waitrose stores to close as John Lewis Partnership warns over profits

Five Waitrose stores to close as John Lewis Partnership warns over profits

The group, which is hosting a strategy day, said it does not expect to make a half-year profit, while profits for the full year will come in "substantially" lower than last year.

Costa Coffee record a 2% decline in UK sales

Costa Coffee record a 2% decline in UK sales

The coffee chain is the latest high street shop to suffer a decline in consumer spending.

Tuesday, June 26, 2018

Tuesday, June 26, 2018

Restaurant chain Hummus Bros falls into adminstration

Restaurant chain Hummus Bros falls into adminstration

The Mediterranean food chain had six outlets in London, but collapsed due to rising property costs and a fall in sales.

Carpetright to close 81 stores, leading to hundreds of job losses

Carpetright to close 81 stores, leading to hundreds of job losses

Carpetright to close 81 stores, leading to hundreds of job losses

Flooring firm Carpetright will close stores as part of a plan to return to profitability

Tuesday, June 19, 2018

Tuesday, June 19, 2018

Poundworld redundancies announced as company struggles to find buyer

Poundworld redundancies announced as company struggles to find buyer

Poundworld redundancies announced as company struggles to find buyer

Poundworld went into administration last week, and almost 100 staff from the head office have now been made redundant

Debenhams to drive cost cuts after issuing profit warning

Debenhams to drive cost cuts after issuing profit warning

The department store chain said trading was "below plan" in May and early June, despite weak comparatives, forcing it to "reassess" expectations for the remainder of the year.

Tuesday, June 12, 2018

Tuesday, June 12, 2018

New Look slashes prices as sales fall by 11.7%

New Look slashes prices as sales fall by 11.7%

The retailer reported an operating loss of £74.3 million for the year to March 24, having made £97.6 million profit in the previous year.

Monday, June 11, 2018

Monday, June 11, 2018

Over 5,000 jobs at risk as Poundworld goes into administration

Over 5,000 jobs at risk as Poundworld goes into administration

Poundworld has 350 stores in the UK and is set to appoint Deloitte to handle the administration

Friday, June 8, 2018

Friday, June 8, 2018

UK high street recorded worst May performance in 12 years

UK high street recorded worst May performance in 12 years

Sales were down 2.2% on May last year, making it eight months since in-store like-for-like sales have shown growth of 1% or more.

Friday, June 1, 2018

Friday, June 1, 2018

Mothercare plan store closures in restructuring bid

Mothercare plan store closures in restructuring bid

The store closures will be carried out through a company voluntary arrangement (CVA) - a move which allows companies to close loss-making shops and secure rental discounts.

Tuesday, May 29, 2018

Tuesday, May 29, 2018

Carphone Warehouse plan store closures

Carphone Warehouse plan store closures

The retailer's new boss pledges to 'take action' to tackle the firm's high street troubles.

Pret A Manger sold to owner of Krispy Kreme for £1.5 billion

Pret A Manger sold to owner of Krispy Kreme for £1.5 billion

JAB Holdings will add the sandwich chain to their growing food and drink empire.

Wednesday, May 23, 2018

Wednesday, May 23, 2018

Topshop sales down by 6%

Topshop sales down by 6%

The fashion retailer swung to a loss last year as the chain struggled in a tough environment for high street firms.