High street retail has taken another hit, as this week saw administrators announce that menswear clothing brand, Austin Reed, is set to close all 120 of its stores, putting 1,000 jobs at risk. The 116-year-old retailer is set to wind-down as there were... Read More
A committee of MPs has said that the government took "Little action" and were not alert enough regarding the impact of collapsing steel prices, as well as failing to push for EU action on Chinese imports, according to an article on the BBC. There have... Read More
Despite a share surge due to winter trading, renowned fashion retailer, French Connection, is to close three of its stores in the UK and four in the US in January as the brand's closure programme pushes forward. According to the Guardian, one of its... Read More
The double dip recession has taken its toll on all sectors of industry in the UK. However, while there are signs of recovery, especially in the automotive industry, it appears that the retail sector is by no means out of the woods... Read More
The difficulties faced by the licensed trade have been widely documented. Currently pubs in the UK are closing at a rate variously reported as being between 12 and 50 a week. The online Lost Pubs Project lists over 21,000 public houses that have closed their... Read More
