High Streets that were once the pride of British communities are being gutted worrying new figures show, with shops sitting empty and the North East the worst hit by vacancies – while retail giants like Zara and Primark are bucking the trend. Last week it was revealed that nearly 100 stores in one Suffolk seaside...
Tag: Greggs
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Iconic British brand Ted Baker beloved by celebrities from Holly Willoughby to Amal Clooney ‘calls in administrators’ – putting 86 stores and hundreds of jobs at risk
Iconic British fashion brand Ted Baker beloved by celebrities has called in the administrators, putting 86 stores and hundreds of jobs at risk. The firm No Ordinary Designer Label, which is owned by the Authentic Brands Group (ABG) and trades as Ted Baker filed a notice of intention to appoint administrators Teneo Financial Advisory today. Going into...
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Changing face of UK’s high streets: How nearly 5,000 stores have shut in past year after retailers including Wilko, Paperchase and M&Co shut their doors – while Greggs, Domino’s and Costa thrive
Nearly 5,000 stores shut across Britain last year after retailers including Wilko, Paperchase and Lloyds pharmacy shut their doors. But there was a rise in new stores opened by thriving UK chains including Greggs, Domino’s and Costa last year, even if this has not been outweighed by the numbers of closures. The new stores were...