British closures
09.01.2013 3646

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

The STREETBEAT Universum sneaker design was recognized at the Global Footwear Awards.

Street Beat designer Anna Ponurovskaya won the Fashion Sneakers category at the Global Footwear Awards for professional designers with her STREETBEAT shoe…
19.01.2026 205

France records decline in leather exports in 2025.

In the first 10 months of 2025, from January to October, French exports of rawhide, finished leather, footwear and leather goods showed negative growth, notes the French tanners' union, Alliance France…
16.01.2026 531

Adobe research demonstrates the power of social media advertising and influencer marketing.

Attention, marketers! Brands that skimp on social media marketing risk losing sales, warn Adobe analysts. They conducted a study on the impact of social media and influencer blog advertising on retail revenue…
16.01.2026 656

Nike releases new NikeSkims sneakers

In support of the trend for hybrid athletic styles, Nike is releasing new NikeSkims sneakers. The silhouette is based on the Nike Rift, a split-toe running shoe the brand produced in the '90s.
16.01.2026 622

Bank of America analysts predict a decline in consumer interest in sneakers.

Bank of America analysts predict a decline in interest in athletic styles in fashion and a drop in demand for sneakers, which have been the most popular footwear worldwide for the past several years. These findings were published in a report…
15.01.2026 725
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning