The coronavirus pandemic has changed a lot of things, but possibly one of its longest-lasting effects will be on Britain’s high streets, with many shops closing during lockdowns. Retail Analyst Nelson Blackley talks us through how the pandemic is accerlating trends in an ever-evolving high street and for its future, Britain’s high streets need to look back.
It will take on 300 staff as part of the deal with the Arcadia group, which employed 13,000 staff when it entered administration.
Jake Walters tells HuffPost UK how he struggled to keep a straight face as he stitched up the disgraced Arcadia mogul.
The move leaves 12,000 jobs at risk.
The demise of Sir Philip Green's retail empire could also have a knock-on effect for Debenhams.
Collapse of retail empire – which includes Topshop, Dorothy Perkins and Burton – puts up to 15,000 jobs at risk.
It could signal the end of an era for high street brands including Topshop, Topman and Dorothy Perkins.
Rent will be cut at another 194 outlets.
The Sunday Times Rich List recorded the tycoon’s fortune falling £1.05 billion in a year.
Green has said he “categorically and wholly” denies allegations.