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Old 09-07-2020, 15:59   #461
1andrew1
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Re: Changes on the High Street

Quote:
Originally Posted by Sephiroth View Post
... I also wonder if their Watford decision has anything to do with Intu's woes.
I suspect it's the other way round - Intu is more a symptom of John Lewis's (and other retailer') woes.
Competition from the internet, higher minimum wage, weaker £ to $ and increased business rates (in some regions) all conspired to make the John Lewis stores that closed unprofitable, even before the onset of Covid 19.
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