Managers maintain faith in key UK high street names

Black Friday looks like anything but for beloved companies

This week's Black Friday marks the day of the year when consumers rush to the high street in a bid to find bargains.

But the term 'death of the high street' has been commonplace across the financial media for some time, with fund managers opting to buy into online retailers such as Boohoo and Ocado (whose share prices are up 146% and 336.4% respectively over the past three years), while beleaguered FTSE 100 retail firms such as B&Q umbrella company Kingfisher and clothing retailer Superdry (which have fallen 35.8% and 67.9% over the same timeframe) languish in the doldrums. Is the death of the High Street greatly exaggerated? In fact, a net 1,234 shops across the UK's 500 largest high streets closed...