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Debenhams records FY loss - What the analysts say

2018-10-25 12:41:00| Daily apparel & textile news and comment - from just-style.com

British department store group Debenhams announced this morning (25 October) it is to shutter almost one-third of its store base - putting around 4,000 jobs at risk - amid what is understood to be the biggest loss in its 240-year history. The news, analysts say, is the starkest indication yet that the high street is floundering as, just a few years ago, it would have been unthinkable that retailers were planning on cutting staff levels ahead of Christmas. With the department store model seemingly "unfit" for purpose in today's retail environment, the brands set to thrive will be those agile enough to offer consumers flexible ways to shop and pay while those who refuse to move with the times will be left to suffer the consequences.

Tags: say records loss analysts

 

Doom and gloom at Debenhams - What the analysts say

2018-10-25 12:41:00| Daily apparel & textile news and comment - from just-style.com

British department store group Debenhams announced this morning (25 October) it is to shutter almost one-third of its store base - putting around 4,000 jobs at risk - amid what is understood to be the biggest loss in its 240-year history. The news, analysts say, is the starkest indication yet that the high street is floundering as, just a few years ago, it would have been unthinkable that retailers were planning on cutting staff levels ahead of Christmas. With the department store model seemingly "unfit" for purpose in today's retail environment, the brands set to thrive will be those agile enough to offer consumers flexible ways to shop and pay while those who refuse to move with the times will be left to suffer the consequences.

Tags: say doom analysts gloom

 
 

Diesel and petrol ban should come much faster, say MPs

2018-10-19 01:07:43| BBC News | Business | UK Edition

The governments 2040 deadline for shifting to electric-powered cars criticised as 'unambitious'.

Tags: say faster ban diesel

 

discover what technology cannot say

2018-10-16 04:57:38| Commercial Real Estate Loans & Investment Sales

nice idea, let’s go to explore…

Tags: technology say discover discover technology

 

Fast fashion is harming the planet, MPs say

2018-10-05 02:51:37| BBC News | Business | UK Edition

The industry is blamed for damaging the environment, fuelling climate change and polluting water.

Tags: fast say fashion planet

 

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