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And Mike Ashley, has just offered a £50 Million loan - prior to Administrators being called in to keep them afloat
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Companies You Expect To Disappear Soon After Hours
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The post raises a relevant topic but lacks detailed analysis or examples beyond Debenhams. Expanding on the reasons for the expected disappearances would enhance its value.
I really dislike Mike Ashley, I dont buy from companies he is involved with.
Further grim news for retail world -
3,500 jobs are going at Sainsburys/Argos as the store tries to implement ways of reducing their overheads.
John Lewis is shredding a further 1,500 jobs - a company which appears to be on a knife edge. I would not be surprised if they go completely in 2021.
Clarks shoes are axing 700 jobs as they reduce their independant shops and push shoe sales through the Internet and other retailers who sell their products.
3,500 jobs are going at Sainsburys/Argos as the store tries to implement ways of reducing their overheads.
John Lewis is shredding a further 1,500 jobs - a company which appears to be on a knife edge. I would not be surprised if they go completely in 2021.
Clarks shoes are axing 700 jobs as they reduce their independant shops and push shoe sales through the Internet and other retailers who sell their products.
Valid point well made, but my I just cannot justify it to myself. It is a shame because I used to attend Newcastle games with a good friend of mine pre Ashley and he has even spoiled that for the fans.
Arcadia group has gone into administration, putting 13,000 jobs at risk across hundreds of stores including Topshop and Burton.
Debenhams set to close with 12000 jobs at risk.
Fairly predictable, Covid pushed the ailing retailers over the edge - Amazon and their ilk are the retailer of choice for most I'd imagine
Thornton's have announced they are shutting all their shops and will be focusing on online
I think firms are being too hasty with this, of course there will be a shift to online sales if shops are shut and people are not able to spend money anywhere else.
I would never dream of buying box of chocolates online.
Once shops reopen I think firms like this will suffer after moving from high street.
Where am I going to get me treacle toffee
I think firms are being too hasty with this, of course there will be a shift to online sales if shops are shut and people are not able to spend money anywhere else.
I would never dream of buying box of chocolates online.
Once shops reopen I think firms like this will suffer after moving from high street.
Where am I going to get me treacle toffee
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