Britain’s Few Thriving Shops Offer Tips For Surviving Retail Apocalypse
by MR Magazine Staff
Nov 08, 2019
British shops are being battered as the shift to e-commerce, intense competition and the fallout from Brexit cause catastrophic levels of store closures and job cuts. The country offers a case study in the troubles facing retail worldwide, and the collapse this week of the U.K. arm of baby-products chain Mothercare Plc is just the latest example. With fast-growing online rivals like Boohoo Group Plc and Amazon.com Inc. drawing shoppers, traditional chains were already struggling before a weaker pound began squeezing living standards and crimping sales further. Still, there are bright spots. Here are a few U.K. retailers who’ve managed to thrive during the apocalypse. Read more at Bloomberg.