High Street Sales

Game Group goes into administration

UK retailers struggling to pay upfront rents

Steep upfront rents could send more high street retailers over the edge after one of the worst winter sales seasons on record, it was claimed today.

Food sales mirrored the overall fall in retail sales in February

Retail sales dive in Feb and revised down from January high

The Office for National Statistics said retail sales fell by 0.8 per cent in volume from January to February and also revised down January's growth from 0.9% to 0.3%.

John Lewis announced a slight small in profits but staff still received a 14% bonus

John Lewis profits dip but all staff receive 14% bonus

The John Lewis Partnership announced a slight fall in profits as it invests in new stores and its online business but all staff will receive a bonus worth 14 per cent of their annual salary.

Nick Clegg is one politician who would like to see other firms "mirror" John Lewis

John Lewis 'partners' set to receive lower staff bonus

John Lewis announces its 2011 financial results next Wednesday and analysts expect a fall in profits which means staff will get a lower bonus for the first time in three years.

Internet sales impacting on the high street

LDC: Online sales lead to 14 shops closing per day in 2011

Britain’s retail chains closed an average of 14 shops every day in 2011, with retailers quitting more shops than they opened for the first time, research shows.

CBI data shows high street retail sales decline in January

CBI data shows high street retail sales decline in January

Sales in high street stores were down in the first part of January 2012 as consumers stopped spending after Christmas, according to the Confederation of British Industry.

Retail sales rose in December, according to the ONS

Retail sales values up by 6.2% in December, says ONS

Retail sale rose by 6.2 per cent in value and 2.6 per cent in volume compared to the weather affected period of December 2010 reports the Office for National Statistics (ONS).

There was a sharp increase in the number of retailers facing "financial distress" in the final quarter of 2011

New report finds 24% increase in companies facing insolvency

A report issued today by Begbies Traynor revelas that there was a 24 per cent increase in companies suffering from financial distress in the final quarter of 2011.

Bakery chain Greggs reported increased Christmas sales

Mince pie sales boost Greggs Christmas sales

High street bakers Greggs saw mince pies bolster sales over the Christmas period with like-for-like sales up by 5.1 per cent in the five weeks to January 7th.

Retail sales increased by 2.2 per cent in December, according to the BRC

BRC: Christmas factor causes 2.2% rise in December retail sales

The British Retail Consortium (BRC) reports a 2.2 per cent rise in like-for-like sales in December but predicts the outlook for 2012 is bleak.

Results released next week are expected to show Tesco's Christmas trading disappointed

Tesco Christmas sales expected to show poor trading results

Tesco releases its Christmas trading results next week which are expected to show that rivals Asda, Sainsbury's and Morrison's outperformed them.

John Lewis and Next post Christmas period sales results

John Lewis and Next post Christmas period sales results

The sales results for John Lewis and Next have been revealed, with both showing resilience against the economic downturn.

Shoppers packed the streets on Boxing Day

Bargain hunters hit the stores in thousands on Boxing Day

Shoppers were out in force across the UK on Boxing Day as retailers reported brisk trading as consumers hunted down the best bargains.

It has been predicted that more than £1bln was spent on Christmas presents on Dec 17th 2011

Saturday's Christmas shopping spend predicted to be over £1bln

Good weather and fierce discounts combined to encourage Christmas shoppers to spend on the high street yesterday on one of the busies shopping days of the year.

It is predicted that more than £1 billion will be spent on Christmas shopping today

Christmas shopping spend to net £1bn today as sales start early

High Street retailers are praying for success and have issued fierce promotions as competition for the Christmas pound takes on new urgency in the retail sector.

Mary Portas suggests measures to prevent death of the high street

Mary Portas suggests measures to prevent death of the high street

Ideas that could reinvigorate the high street have been put forward by Mary Portas after she was commissioned by the prime minister to write a report.

The snow could cause economic growth figures to become skewed, according to the OBR

Snow led to GDP fall in 2011 but could it save us from recession now?

A member of the Office for Budget Responsibility has told MP's that snow could delay economic activity until 2012 and help avert a double-dip recession.

UK retail sales drop, outlook weak for Christmas shopping

UK retail sales drop, outlook weak for Christmas shopping

Sales figures for November show people are not splashing out on Christmas shopping as they once might have done.

The CBI reports a bleak outlook for retailers in the run up to Christmas

Christmas shopping set to suffer as CBI reports retail woe

The CBI reports staff levels are falling in retail, sales are down and orders are falling to levels last seen in March 2009 and predicts a gloomy Christmas for retailers.

40% of people in the UK plan to spend less this Christmas

40% of people in the UK plan to spend less this Christmas

Christmas spending could take a tumble as cash-strapped Britons cut back this year, Which? has said.

Dixons which owns Curry's and PC World has issued its latest interim results

Dixons share price rises as losses decline

The share price of UK electronics retailer has risen after the company posted its interim results that showed increased customer satisfaction and reduced losses.

Sir Philip Green from Arcadia has seen his companies profits fall by 38%

Arcadia boss Sir Philip Green to shut 250 stores as profit slips

Sir Philip Green, the boss of Arcadia which owns UK brands such as Top Shop, BHS and Wallis will shut between 200 and 260 stores as Arcadia profits fall by 38%.

The ONS reported a 0.6 per cent rise in retail sales in October

Christmas retail hopes rise after ONS reports rise in UK sales

The Office for National Statistics published retail sales figures for the UK in October which showed a surprise 0.6 per cent rise in some rare good news for the economy.

Mothercare has posted a six-month loss of £81 million

Mothercare posts £81m six-month loss

Mothercare has posted an £81 million six month loss due to "a weak consumer environment" and two one-off charges totalling £75 miilion.

Online sales now account for ten per cent of all retail sales

Ten per cent of all sales transactions happen online

The ONS published retail sales data for September that showed online sales are growing at the expense of the high street and £1 in every £10 is now spent online.

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