The gradual retreat of retailers from physical spaces is continuing with the latest slate of store closures coming from Jack Wills, which is now owned by Frasers Group. One central London store is on the closure list.
Sports Direct had mixed news on Monday with acquisitions boosting sales but plenty of negative numbers when bought-in business are factored out. But HoF is showing 'green shoots' and Flannels is improving.
Sports Direct is reportedly seeking a company to take over the lease of 67,700 sq ft Lillywhites shop on London’s Piccadilly Circus. The Central London store has been Lillywhites’ best-known location since 1925.
Department store Jenners could be under threat in Edinburgh with the owner of the building it occupies, Bestseller's boss, planning to convert the space into a part-retail location with a hotel, bar and restaurant.