Why are these five UK retailers thriving as most others battle?
Traditional chains were already struggling with the rise of online before a weaker pound began squeezing sales further
10 November 2019 - 07:43
London — British shops are being battered as the shift to e-commerce, intense competition and the fallout from Brexit cause catastrophic levels of store closures and job cuts.
The country offers a case study in the troubles facing retail worldwide, and the collapse this week of the UK arm of baby-products chain Mothercare is just the latest example. With fast-growing online rivals such as Boohoo and Amazon.com drawing shoppers, traditional chains were already struggling before a weaker pound began squeezing living standards and crimping sales further...
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