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Enlarge Hundreds of Amazon customers have taken to social media to voice frustrations about their accounts being mysteriously deactivated, with no reason given by the online retailer. For the past week, customers have reported that when attempting to log in to their Amazon accounts, a message pops up stating that an account associated with their […]
New Look has revealed it will close 60 sotres in the next year, and 1,000 jobs will be cut. The fashion company’s new business strategy will cut cost of the rent of the brand, but fans of the chain will see the stores dissapearing from their high street. The executive chairman of the company said […]
New Look will close a whopping 60 stores across the UK, it emerged today. The chain, which has 593 branches across the UK, have entered in to a CVA. They are the second major high street chain to make such an annoucement in recent weeks, with Toys ‘R’ Us also closing a string of their […]
Marks and Spencer will close eight stores across the UK in the coming months, it has been revealed. Commercial Road in Bournemouth is one of the stores set to go, and as well as this, M&S has announced five other stores that will close by the end of April and eight that are proposed for […]
Joe Raedle/Getty Images Subway’s US store count fell by more than 900 this year. Franchisees tell Business Insider that hundreds more stores are in danger of closure and that up to one-third of Subway locations in the US are unprofitable. Subway’s crisis is linked to many factors: changing trends, a disgraced spokesman, internal conflict, and […]
Getty/Scott Olson Retailers are closing thousands of stores following years of declines in sales and customer traffic. Bankruptcies accounted for a large chunk of the stores that have closed or are closing. But a tough physical retail environment stemming from steeper online competition is also being blamed. We compiled a list of the 8,053 closures that […]
Fires in Southern California continue to ravage the region overnight, shutting down the Interstate 5 highway. Hundreds of firefighters have responded to three massive fires threatening homes, structures and livestock. The Thomas, Creek, and Rye Fires are wreaking havoc in Southern California, as authorities and firefighters scramble to contain the rapidly moving blazes. THOMAS FIRE […]
The Royal Bank of Scotland (RBS) has announced bank branch closures today. Will you local branch close? A quarter of branches in Scotland are to close – while only three in England will shut down. That is a total of 62 branches and 158 job losses. Where are Royal Bank of Scotland branch closures? Scotland […]
Marks and Spencer is speeding up plans to close stores that are not performing well due to a difficult year for the British High Street. The company has revealed that under performing stores will shut, and the expansion of its Simply Food chain is slow. The group said it would further “reshape” the clothing and […]
Last year, M&S announced it would be closing 30 stores as part of a brand overhaul designed to decrease the amount of shop floor space devoted to clothing by 10 per cent. However industry sources have suggested Steve Rowe, M&S’s chief executive, is planning a bolder restructuring of the company with new chairman, Archie Norman. […]
