Brexit is most certainly a cause for concern for all businesses. However, it can’t be blamed for all the pressures which many retailers find themselves subjected to, argues Chris Labrey, MD UK & Ireland at Econocom who says decisions must be made nonetheless
For years we’ve been hearing about the imminent death of the high street. Footfall is down, costs are up and e-commerce is taking over. Recent news headlines seem to support this idea, just consider the ongoing House of Fraser saga. Yes, it’s been bought by Mike Ashley, but suppliers are still clamouring for cash (to the tune of £484 million, according to administrator EY), jobs are in jeopardy and relationships with luxury brands like Mulberry have taken a hit.
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