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Re: Changes on the High Street
Quote:
Quote from The Sun: FASHION retailers Oasis and Warehouse stores won't reopen after the coronavirus lockdown is lifted putting more than 1,800 employees out of work.
Administrators were unable to rescue the company behind the brands and blames the "extraordinary challenges" the pandemic has put on the retail industry.
Hilco Capital, the former owner of HMV, is understood to have bought both brands and all of their stock but the deal doesn't include any of the fashion retailers' stores or online operations.
All 92 branches and 437 department store concessions are currently closed under government orders for all non-essential retailers to shut up shop to stop the spread of coronavirus.
But the stores won't reopen even after the lockdown is lifted.
It's understood that staff were told this morning that they wouldn't receive their statutory redundancy pay, reports Sky News.
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This virus lockdown is going to ravage the high streets. 
(Alt Sky news link in post)
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
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