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: Marks and Spencer
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UK Store Closures Put Spotlight on Digital Shoppers
One of the U.K.’s oldest retailers, Marks and Spencer (M&S) announced last week it plans to shutter 110 stores during the next five years. This news comes only weeks after reports that the British division of The Body Shop was closing nearly half of its 198 U.K.-based stores and reducing its headcount by 40 percent....
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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...