Major high street fashion chain with 94 branches plots money-saving restructure in bid to avoid closing...

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Britain’s retail apocalypse: why your favourite stores KEEP closing down

The plan will look to protect the chain's 96 stores from closure, according to city sources.Starbucks is giving away FREE reusable cups to customers this week

"In the company's announcement on 29 January 2024, it confirmed it was working with advisors to explore the feasibility of various material cost saving options to help position the business for long-term success.'Revolting' shoppers scream as Heinz launches 'repulsive' sauce inspired by movie Figures from the Centre for Retail Research revealed that 10,494 shops closed for the last time during 2023, and 119,405 jobs were lost in the sector.

"Retailers themselves have suffered increasing energy and occupancy costs, staff shortages and falling demand that have made rebuilding profits after extensive store closures during the pandemic exceptionally difficult."

 

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