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Good News from the High Street!

Ryan Willis

We love the high street. The home of “close to home” fashion and a hub for local areas, there's a lot to celebrate about the Great British high street, buskers and all.

We think it's time we celebrated some of the very best that the retail spaces at the heart of our towns and cities have to offer. Which is why we've rounded up a collection of good news stories for retailers, to put a spring back into the high street's step. Here are some recent stories that should do just that...

High Street Retailers Enjoy Spring Cheer

The weather may have been a mixed bag, but sunshine and showers haven't dampened shoppers' spirits. In January, the UK retail sector enjoyed a very encouraging 3.6% boost, thanks to increasing numbers of savvy consumers waiting for the post-Christmas sales to grab themselves a bargain. But the trend held strong in February, when the industry saw a 1.4% increase on sales from February 2015.

Marks & Spencer's Share Price Soars

More good news for a much-loved, iconic British high street brand. Marks & Spencer has recently announced that it enjoyed better than expected Q4 profits, causing share prices to shoot up by more than 3% on the morning of the announcement. The boost for the brand has come largely from its food division, which saw an impressive 4% growth in sales in Q4 2015/16.

Debenhams Predicts New Retail “Golden Age”

As part of Debenhams' announcement that the department store had seen a 5.5% jump in group pre-tax half year profits, the brand's trading director for home, Steve Lightfoot, predicted the dawn of a new golden age for retail.

With an increased focus on homewares, Debenhams intends to be part of this new age of retail by focusing on creating a carefully designed customer experience both in store and online – right across the department store's outlets. The brand is on track to achieve this. Debenhams has recently refurbished 50 stores, built five more and has a further three in the pipeline.

Are you ready to join Debenhams as part of the new wave of retail? At Nabco, we specialise in top quality shop fitting, helping retailers design and create amazing retail spaces with impossible-to-ignore shelving and display which makes products pop. To find out more and to discuss your store's requirements, contact our helpful team today on 01727 542 488.

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