Bargain hunting: Are there still investment opportunities to be found on the UK High Street?

Finding value amid retailers closing down

Fund managers insist there is still value to be found investing in the UK High Street, despite a challenging 18 months for the sector, which has seen big names disappoint in the stockmarket or disappear from town centres altogether.

In April, Debenhams reported another fall in profits and sales, as the Beast from the East caused travel chaos. LGIM's Message: The companies defying the UK retail slowdown The department store said like-for-like sales had fallen by 2.2% in the 26 weeks to 3 March causing profits to sink 84%, costing investors more than half their interim dividend. In February, Toys R Us UK went into administration and is in the process of closing its last stores, while 99p Stores and Brantano have both disappeared in recent years, demonstrating the real struggles seen on the High Street.  A rec...