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December and January Holiday closures

2020-12-16 20:41:20| PortlandOnline

Tags: january december holiday closures

 

M&S set to benefit from Debenhams store closures

2020-12-10 11:12:00| Daily apparel & textile news and comment - from just-style.com

The demise of Debenhams was inevitable after its underinvestment, lacklustre ranges and uninspiring stores caused it to lose relevance among consumers in recent years - but the news of its collapse has still come as a huge blow to the retail industry.

Tags: set store benefit closures

 
 

Supermarket Boxing Day closures pressure mounts

2020-12-09 22:18:57| BBC News | Business | UK Edition

Asda is to close on Boxing Day, and unions repeat calls for other major chains to follow suit.

Tags: day pressure boxing supermarket

 

Digital laggards must act to offset store closures

2020-11-24 10:45:00| Daily apparel & textile news and comment - from just-style.com

Permanent store closures were already rife in the retail sector prior to Covid-19 due to spend shifting online, but this has been further intensified by the pandemic. Apparel stores have been especially hard hit, with online penetration forecast to rise to 50.8% in 2020 and expected to remain well above 2019 levels in 2021 at 40.0%, further reducing the need for large store estates.

Tags: store digital act offset

 

Cineworld eyes UK cinema closures and rescue deal

2020-11-19 13:50:25| BBC News | Business | UK Edition

The cinema chain has appointed restructuring experts to negotiate unlocking more cash from lenders.

Tags: eyes deal cinema rescue

 

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