Rieker
British closures
09.01.2013 2453

British closures

In the UK, about 4 thousand stores will close.

Local Data analysts predict a reduction in the number of stores in the UK. According to the study, this year about 4 thousand stores will be closed on the busiest shopping streets in the country. Retailers, trying to cut costs, go online, writes RBC daily.

The past year for many retailers in the UK was the most unfortunate in terms of profit and profitability since 2008 year. Almost 200 companies officially declared bankrupt, closing stores or putting up a business for sale.

Companies do not see anything good for themselves in the 2013 year and predict the collapse of large networks. According to some reports, now 140 retailers are in a critical business situation. Companies see their future in online commerce, which will help save at least part of the business.

In the UK, about 4 thousand stores will close. Local Data analysts predict a reduction in the number of stores in the UK. According to the study, this year it will close around 4 ...
5
1
Rating

Latest News

Stores of Turkish brands will open instead of Mark & ​​Spencer and Gap in Russia

Stores of Turkish fashion brands Network, Beymen, Mudo will open at Mark & ​​Spencer and Gap squares, which are shutting down business in Russia, the telegram channel reports…
07.12.2022 271

Thomas Munz will add clothes to the assortment

The Russian shoe retailer Thomas Munz has taken on the development of a new retail format Thomas Munz Store, where, in addition to shoes and accessories of its own and other international brands, clothes under its own trademarks will also be presented ...
07.12.2022 272

H&M closed all stores in Russia

The Swedish chain H&M has finally curtailed its work in Russia. 172 shops were closed. New stores of Melon Fashion Group (Zarina, befree, Love Republic), Lime, Snow Queen, Turkish…
06.12.2022 325

Portugal will direct 600 million euros to the development of the footwear industry in the next 8 years

The Portuguese Association of Manufacturers of Footwear, Components and Leather Goods (APICCAPS) has presented a new Strategic Plan for the development of the footwear sector until 2030, writes…
06.12.2022 316

MICAM organized a promotional tour in December

The Italian International Footwear Fair MICAM will hold three teaser events in Berlin, Seoul and Brussels in December to anticipate the upcoming event scheduled for February 2023.
05.12.2022 305
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning