Debenhams was reportedly worth £900 million in 2016, but today the retail giant is only worth £20 million. Debenhams generates approximately 80% of its revenue in the UK, thus the firm is highly dependent on a single country. Considering that the British retail industry has been experiencing somewhat of a crisis, with firms including M&S, … Continue reading “The Retail Crisis Catches Up with Debenhams”
Tag: High Street
Rethinking Modern High Streets: What Comes After Retail?
The high street is reaching crisis point. House of Fraser and Marks & Spencer have joined the list of high street giants expressing difficulties in today’s turbulent retail environment. This comes after a string of high profile closures, including HMV, BHS, Toys R Us, Mothercare and Carpet Right. Even service outlets are closing their doors, … Continue reading “Rethinking Modern High Streets: What Comes After Retail?”
Small Business Saturday (1 December 2018) and Responsible Consumption: Independent Retailers and the Revival of the British High Street
I have just begun to realise that it is that time of year. Conifer trees, real and artificial, have begun to sprout up from the pavements and in shops and offices and additional twinkling lights have been installed to illuminate shopping streets and retail premises. There are many ways of reading these signs – as … Continue reading “Small Business Saturday (1 December 2018) and Responsible Consumption: Independent Retailers and the Revival of the British High Street”