Six reasons behind the high street crisis

Six reasons behind the high street crisis
 

Britain's high streets are in crisis. This week toy store chain Toys r Us collapsed into administration, along with the electronics retailer Maplin.
The restaurant chains Jamie's Italian and Prezzo have announced closures, while fashion chain New Look and department store group House of Fraser are seeking to shore up their finances.
Experts say retailers are battling a "perfect storm" of pressures and they expect more closures in 2018.
1. Squeezed incomes A big factor has been a fall in discretionary spending, spurred by rising shop prices and weak wage growth.
A near 15% fall in... read more

 
1 March 2018 in Regional, Views: 36
Source: BBC
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