British high street retailers predicting widespread closures

There was a glut of bad news from Britain’s retailers last week with the prospect of widespread store closures and the loss of more than 10,000 jobs on the high street.

2nd July, 2011
British high street retailers predicting widespread closures
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There was a glut of bad news from Britain’s retailers last week with the prospect of widespread store closures and the loss of more than 10,000 jobs on the high street.

The confectioner, Thorntons, announced that it would close up to 180 stores, putting more than 1,000 jobs at risk.

The chief executive of the flooring chain, Carpetright, Lord Harris of Peckham, said that trading conditions were the worst he had seen in more than 50...

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