As it stands, Boots has already closed 253 stores out of the 300 slated for closure soon, leaving 47 expected to shut their doors by the end of summer. Fashion retailer Next has also disclosed plans to close a popular store just a few years after its inauguration. Here's a full list o...
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John Lewis and Boots have become the latest in a growing list of retailers closing stores, cutting jobs and restructuring as the impact of the coronavirus lockdown hits the retail sector. The news comes just a day after chancellor Rishi Sunak announced a £30bn plan aimed at saving UK jobs...
With great purchases able to be found on the internet, many people find that online stores are often the best place to grab a bargain for the warmest snow boots. However, because of the inability to try before you buy, internet shopping is not the most ideal place to get shoes from. Fa...
Near enough every day on the news one hears about a chain of stores closing down, shops boarded up, flagship stores opening, restaurants changing ownership, pubs being converted into houses, pop up shops opening for a season… the High Street is constantly changing due to many factors from ...
Near enough every day on the news one hears about a chain of stores closing down, shops boarded up, flagship stores opening, restaurants changing ownership, pubs being converted into houses, pop up shops opening for a season… the High Street is constantly changing due to many factors from ...
The pharmacy giant said revenue dropped sharply after steep slump in footfall during the lockdown, when its high-earning beauty and fragrance counters were forced to close. More than 100 of Boots’ larger stores in city centres, stations and airports were also forced to shutter during the pandem...
However, during the three-month period online sales rose by 155%, encouraging Boots to up its investment in digital services by $400m (£309m) to $1bn (£772m) for the coming year. The chain is currently in the process of closing 200 stores and cutting 4,000 jobs in a bid to...
Yeah. And let me be clear about one additional thing. We are extremely focused on the fact that closing those stores means we have to reduce our fixed costs that support those stores as well. So if you're trying to model it, what you would need to do is assume some percentage of sto...
Near enough every day on the news one hears about a chain of stores closing down, shops boarded up, flagship stores opening, restaurants changing ownership, pubs being converted into houses, pop up shops opening for a season… the High Street is constantly changing due to many factors from ...