All High street & town centre articles – Page 33
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NewsM&S full-year profits fall as sales decline
Marks & Spencer has recorded a fall in its preliminary pre-tax profits, but boss Steve Rowe heralded “green shoots” in the department store’s ongoing transformation plan.
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NewsPets At Home full-year profits rise 'faster than anticipated'
Pets At Home has posted an increase in sales and profits in its preliminary results as boss Peter Pritchard described the business as “trading strongly and taking share across the pet market”.
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AnalysisThe Works boss: 'There's never been a better time to open stores'
As the high street continues to struggle, stores up and down the country close every day and retailers launch CVAs, one retail boss maintains ‘there’s never been a better time to open stores’
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NewsVacancy rates at highest level for four years as footfall declines
National town vacancy rates were at their highest in four years, as high street footfall declined again, according to new figures from the BRC.
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AnalysisAnalysis: Is Mike Ashley remodelling the economics of the high street?
Sports Direct tycoon Mike Ashley is one of the retail industry’s great disruptors, but are his hardball tactics for renegotiating rents at his many chains remodelling the economics of high street retail?
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NewsN Brown profits edge up despite sales decline
N Brown has posted an uptick in full-year profits despite a decline in sales as boss Steve Johnson said a refocus of the group’s strategy is “now required”.
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AnalysisIn numbers: How Mike Ashley took over the high street
The number of retailers that Sports Direct founder Mike Ashley has acquired or invested in has surged 52.5% since 2015.
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NewsLaura Ashley issues second profit warning this year
Laura Ashley has issued its second profit warning this year after cautioning full-year profits would come in “significantly below market expectations.”
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NewsH&M shares suppliers' details on new 'transparency tags'
H&M has launched a ‘transparency layer’ tag that shares all of a product’s details to enable fashion-lovers to make more informed choices when buying.
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NewsHigh street benefits as Easter sun draws shoppers
Retail footfall climbed over the Easter holiday when shoppers hit the high street as the sun shone.
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Retail VoiceHow to reboot dying high streets
It is pretty clear that UK high streets in their current traditional form are dying.
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News
Climate change protests cost West End retailers £12m
The ongoing Extinction Rebellion climate change protests in London have cost the city’s retailers £12m over the last two days, according to the New West End Group.
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NewsCard Factory set on expansion despite profit decline
Card Factory posted a fall in full-year profits due to lower footfall but will continue its growth strategy with the aim of 1,200 stores.
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NewsHigh street to lead Easter footfall revival
Retailers can expect much improved footfall across the long Easter weekend, driven by warmer weather and when holiday falls in the calendar.
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NewsRetail footfall data shows shoppers reluctant to splash out
Footfall rose in March but the retail industry remains “in the midst of a no splurge culture”, the latest data indicates.
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NewsSuperdry founder Dunkerton wins City backer
Superdry founder Julian Dunkerton has received support from City backer Oasis Management after rejoining the business.
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NewsPoundland boss Bond confident that high street has future
Poundland boss Andy Bond has said there is light at the end of the tunnel for struggling high streets.
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NewsDebenhams poised to name Duddy as boss as Bucher exits
Terry Duddy is understood to have been lined up to take charge of Debenhams following the likely departure this week of chief executive Sergio Bucher.
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VideoData: High street will not survive in current form, say consumers
Two-thirds of consumers believe the high street cannot survive in its current form, new data shows.
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NewsPrivate equity 'has no place in retail', argues Knight Frank
A new report has lambasted the “traditional private equity” model, saying it has no place in the retail sector.