JOHN Lewis has announced that 42 more of its stores are under threat, after Covid lockdowns created a £517m loss for the department chain over the last year, during which it closed eight stores. The possibility of more store closures may mean jobs will be at risk in Newcastle, […]
Tag: Retail
Debenhams closure may lead to ‘uncertain times’ for The Bridges
HIGH street retailer Debenhams is going into liquidation – and the news could have huge ramifications for Sunderland’s shopping scene. The 242-year-old high street giant previously entered administration in April, and a recent takeover from JD Sports failed, which means more job losses are inevitable. Debenhams had already cut […]
Wearside small businesses face the frustration of second lockdown
ON November 5, the UK entered a second national Covid lockdown, which means all non-essential stores and businesses have had to shut their doors for a month. Sam Boal has been speaking to several about how they are coping – and found a mixture of frustration, anger and worry … […]
Retailer, Austin Reed, faces administration putting 1000 jobs at risk – a day after BHS collapse
Retail chain, Austin Reed, is poised to formally collapse into administration, putting about 1,000 high-street jobs at risk just a day after BHS hit the rocks. It is understood the tailor will appoint Alix Partners after revealing a notice to appoint advisers to handle an administration late last week. The […]
Sunderland’s biggest retail and style awards event returns
On April 23 the city will mark its first Retail and Style Awards, combining two of Sunderland’s top events for the first time. The event, which will feature a three course dinner, live entertainment and a fashion show, will honour top businesses and fashionistas, with hundreds of businesses already submitting nominations […]