No one knows what Britain’s High Street will end up looking like once the coronavirus pandemic subsides. Oasis and Warehouse have fallen into the hands of administrators with 2,300 jobs on the line, while the likes of Debenhams and Cath Kidson remain on the brink. Many of Britain’s retailers, and particularly those with bricks-and-mortar based … Read more
Topshop and Dorothy Perkins owner Arcadia is ‘preparing to close a huge number’ of its 550 stores as coronavirus lockdown decimates Britain’s high streets – as Debenhams faces administration Arcadia has reportedly called in accountants from Deloitte due to the shutdown It has already furloughed 14,500 of its 16,000 staff members during the crisis Debenhams … Read more
Fashion brands are facing criticism today after offering customers free delivery, potentially putting delivery drivers at risk of contracting coronavirus. High street giants Topshop, Currys PC World and Next are assuring customers their online businesses remain open, with all home deliveries and returns now free. Chains including John Lewis, H&M, Debenhams and Boux Avenue are … Read more
Topshop employees say they have been laid off after the Arcadia Group closed its 300 UK stores an hour before the government announced its coronavirus job retention plan. The group owned by billionaire Sir Philip Green said in an emailed statement: ‘In line with many other retailers, the Group has made the difficult decision to … Read more