Retail news

• In the retail crisis, the shutters are coming down even in New York

  10-08-2019 17:00
  Visitors to Manhattan are finding that several retail landmarks are fading fastThere is a lot to do in Manhattan – but shopping? Maybe not so much these days. Once one of the hottest markets on the planet, New York’s retail sector is suffering.Surveying the empty storefronts on Fifth Avenue, holidaymaker Gill Stewart, from Stokesley in Yorkshire, said she was surprised by the number of vacancies. “We’ve come across a few places that are empty or under refurbishment, certa
  
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• Cheap hoodies in shabby stores: House of Fraser after a year of Ashley

  10-08-2019 16:59
  Mike Ashley claimed great ambitions for the store chain, but its image has slipped from smart to decidedly dowdy in the 12 months since he bought itEmpty beauty counters, acres of discount sportswear and stores in need of repair. One year after Sports Direct bought House of Fraser out of administration, many of the shops now have entire floors that look more like branches of Mike Ashley’s pile-it-high sportswear outlets than an upmarket department store.When Ashley bought the chain for &po
  
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