There are concerns for the future of Debenhams as the department store chain looks set to post the biggest loss in its 240 years history – almost £500million – and gets ready to close 50 of its 166 stores. The closures may results in as many as 4,000 job losses. There is now even more
A survey by the Nottingham Building Society has revealed that 46% of shop owners blame the closure of local bank branches in the last three years for damaging their businesses, while 24% said it contributed to them going out of business within the last five years. Retailers are also being hit by lower footfall, with
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