Retail Watch Thread / The Death of retail ....


#405

Spring has sprung and it’s a bueatiful day. Powerful forces at work. :grinning:


#406

Amazon’s march continues


#407

UK high street -
The bloodbath rumbles on. Whenever they get to having their General Election, this will have to become an issue, as it will here. Does government/planning not see some of this coming, and adjust accordingly. E.g. converting retail to residential, realism around rates, and development of the taxation of online sales.

Boots review puts 200 stores at risk of closure

More than 200 Boots stores across the UK could be closed by its American owners Walgreens Boots Alliance (WBA) in a bid to cut costs.

The shops - which are in areas where Boots has more than one store - are under review for possible closure.

It is understood the review will take place over the next 12 to 18 months.

Boots said it did not have “a major programme envisaged” but was always reviewing “underperforming stores and opportunities for consolidation”.

“We are being realistic about the future and that we will need to be agile to adapt to the changing landscape,” it added.

The chain has 2,485 stores across the UK, employing about 56,000 staff.

https://www.bbc.com/news/business-48435802


#408