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In 2021, sales in UK department stores amounted to 33 billion British pounds, based on volume, compared to 35.4 billion British pounds in 2016. This downward trend represented a decrease of...
British Home Stores. British Home Stores, commonly abbreviated to BHS and latterly legally styled BHS Ltd, was a British department store chain, primarily selling clothing and household items. In its later years, the company began to expand into furniture, electronics, entertainment, convenience groceries and fragrance and beauty products.
Aug 26, 2021 · BBC business correspondent. The UK has lost 83% of its main department stores in the five years since the collapse of the BHS chain. The figure highlights the extent of the upheaval in the High...
Sep 20, 2023 · Almost 2,000 more independent stores in Great Britain left empty this year. Biggest rise in vacancies in at least eight years comes as inflation and cost of living crisis hit businesses. Sarah...
May 10, 2024 · May 10, 2024. As of the second quarter of 2023, Marks & Spencer was rated as the second most popular home or department store in the United Kingdom (UK), receiving 74 percent positive opinion...
Jul 25, 2018 · Department stores seem to be in terminal decline. In the UK, the demise of British Home Stores and Poundworld, together with store closures by Marks and Spencer and House of Fraser, are local ...
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Apr 25, 2016 · The new owners have not been able to turnaround its fortunes. “No one is to blame. It was a combination of bad trading and not being able to raise enough money from the property portfolio ...
