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High Street

  • High street jewellery giants struggle to sparkle

    November 5, 2025

    Growth seems to be hard to come by in almost any industry at the moment, especially as UK business leaders brace for Chancellor Rachel Reeves to deliver her expected tax hikes later this month. But the latest set of financial results for two of the country’s largest jewellery chains has shone a spotlight on the [...]

  • One in four retail workers physically assaulted on the job

    November 4, 2025

    A quarter of retail workers have been physically assaulted on the job as retail crime continues to worsen in the UK. Close to half of retail staff (44 per cent) said they’re being abused or attacked every week, up 10 per cent year on year, according to a new report from the Retail Trust. A [...]

  • Autumn Budget: Reeves must avoid tax encore for retail, HMV boss warns

    October 29, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of HMV joins a chorus of warnings to give the retail sector some reprieve. As high street music retailer HMV breezes into the all-important golden quarter, boss Phillip Halliday is eyeing a chart-topper [...]

  • Next expected to reveal sales momentum despite consumer pressure

    October 26, 2025

    Next is expected to report further growth for the past quarter as the high street chain continues to shrug off the squeeze on consumer finances. Shares in the company lifted on Friday to a new record high as investors continue to buy into the group. The company has been a consistent bright spot across the [...]

  • Hundreds of jobs at risk as Pizza Hut UK dine-in arm goes into administration

    October 20, 2025

    The dine-in arm of Pizza Hut has collapsed into administration, putting dozens of restaurants and hundreds of jobs at risk. DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday. The 67-year-old chain has said it will shutter 68 venues permanently, while 1,723 workers face uncertainty on their [...]

  • B&M: City broker ‘not concerned’ about retailer despite turmoil

    October 20, 2025

    City broker Panmure Liberum has reassured investors about a serious slide in B&M’s share price, arguing that it’s based on a ‘one-time error’ and doesn’t suggest underlying trouble. B&M surprised markets this morning when it released a trading statement showing a significant accounting error and the related departure of its chief financial officer. The FTSE [...]

  • Co-op warns 150,000 jobs at risk ahead of Autumn Budget

    October 13, 2025

    The Co-op has warned that 60,000 small shops and 150,000 jobs could be lost without business rates reform in next month’s Autumn Budget. The Manchester-headquartered group has said Britain’s high streets “face a critical moment” and that Chancellor Rachel Reeves needs to announce “maximum” business rates relief on 26 November. The call comes after City [...]

  • Frasers Group chairman urges Unite to avoid ‘reckless’ strike

    October 3, 2025

    The chairman of retail giant Frasers Group has urged Unite the Union to avoid “reckless and irresponsible” strike action as retail firms across the UK feel the crunch of rising cost pressures. Sir Jonathan Thompson, who took the role of Chair in September, has asked the Union’s General Secretary Sharon Graham to reconsider plans to [...]

  • Will we mourn the loss of WH Smith from the high street?

    September 29, 2025

    So long then, WH Smith, a firm which has graced our high streets for more than a century – even though it never intended to. Founded as a small newspaper kiosk in Mayfair in 1792, the business grew massively in the mid-19th century, spurred by the rapid expansion of the railways, which allowed consumers up [...]

  • Coco di Mama bets on meal deals as it launches in Tesco

    September 12, 2025

    Coco di Mama has announced the launch of a range of freshly made Italian sourdough sandwiches in Tesco’s premium meal deal as it bets on the grocery market. The launch follows a “hugely successful” debut year in retail with its range in Sainsbury’s’ £5.50 meal deal. “Capital-light, fast-growing channels,” are the focus of the brand at [...]

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