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Retail Cornerstones Fall in Britain, Pushed by Fast Fashion and Pandemic

Por: The New York Times Business December 02, 2020

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LONDON — The British department store Debenhams can trace its history back 242 years to a shop on Wigmore Street in central London. On Tuesday, it finally succumbed to the pressures of 21st-century e-commerce. After more than a year of restructuring and several months of trying to find a buyer, the company said it would.Debenhams is the second big retailer to topple in two days, after Arcadia Group, which owns brands including Topshop and Miss... + full article



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