As advanced in a previous article, several retailers on the UK high streets, like Beales and TM
Lewin, have had to close down all of their physical stores in 2020. This post
will look at more brands that will not see 2021.
Mothercare
This brand sells health, beauty and baby items. It established itself in the
industry 59 years ago and this year, after failing to secure a rescue deal, it
had to close down all of its 79 outlets, which led to the loss of 2500 jobs.
Nonetheless, Mothercare still retails
its products in the UK via Boots stores and it has a franchise operation
overseas.
Carphone Warehouse
In March this year, the tech giant Dixons Carphone decided to sacrifice
its Carphone Warehouse chain in the UK by closing down all of its retail
outlets. This move affected 531 stores and 3000 workers! The company advanced
that 1800 of the employees impacted will be given new roles within the
business. However, the firm’s 70 stores in Ireland are open and its
international operations are still going on.
Evans
This is the first brand of the Arcadia group to be bought out of its administration
process earlier this month. The giant was acquired by the Australian group City
Chic for £23 million. However, this deal did not include its brick
and mortar business. Thus, Evans could not reopen its five remaining UK stores.
Evans was part of the Arcadia group © Royalty-free image
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