Crumbling Britain: The slow death of the high street

This year alone, Poundworld, Toys “R” Us and Maplin have gone bust, while Carpetright, New Look and Mothercare are trying to forestall that fate.

Join me, if you will, for a stroll along London’s Oxford Street. Walking westwards from Oxford Circus, the block that was once BHS is still there, but the department store is long gone. Next you’ll pass John Lewis; even this usually irrepressible retailer says it will make “close to zero” profits in the first half of this year and will be closing five Waitrose stores.

Further on, there’s the flagship House of Fraser store – now due to be culled along with more than...
source: New Statesman

2018-07-11 20:11
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