Thread: Changes on the High Street
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Old 17-03-2021, 18:26   #736
1andrew1
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Re: Changes on the High Street
Quote:
Originally Posted by TheDaddy View Post
A good outcome would have been to put in place practices to stop this happening again, not celebrating the fact a tenant has been found, especially as they'd have needed a building anyway
Whilst the internet can't be uninvented, business rates certainly need reforming but I doubt this will stop other store closures.

Whilst I believe that Debenhams' private equity owners took too much money out of the business, many department stores have closed in recent years - Beale's, many House of Fraser branches, BHS and even branches of John Lewis. Debenhams leaving the high street has probably made it slightly easier for John Lewis and House of Fraser.
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