Stock Take

Ellie Donnelly’s Stock Take: Reports of High Street’s demise may be greatly exaggerated

Recent results show online retailers are struggling compared to their bricks and mortar rivals

Penneys has raised its outlook for the year, helped by good footfall and better than expected margins

The death of the High Street has been long foretold but recent results show that it might be online retailers who are in need of resuscitation.

Boohoo and Asos's recent updates have been in stark contrast to those of the owners of Penneys and Zara.

Boohoo, headed by Offaly-man John Lyttle, recorded a loss before tax of almost £91 million on the back of falling sales and inflation in its full-year results which were released ...