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UK Retail Lost Nearly 10,000 Stores Last Year—and There Could Be More to Come

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

The coronavirus pandemic wreaked havoc on British retail last year, and hopes for a better 2021 could be dashed by new virus variants and any additional lockdowns imposed to curb infections. John Lewis Partnership on Wednesday confirmed plans to close eight locations that “can’t sustain a large store,” it said, noting that 24 John Lewis…

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