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Store Closings: What went wrong on the High Street in 2018? – BBC News
What went wrong on the High Street in 2018?
By Emma Simpson – Business correspondent, BBC News
The last 12 months have seen a string of High Street names go out of business. But what made 2018 such a bad year for retailers?
“I absolutely loved my job at Poundworld. It was like a family – we all got on, and we all stepped in if somebody couldn’t do a shift.”
Jenny Evans had been working for seven years as a part-time sales assistant when she heard the news on the radio in June that her company had collapsed.
It wasn’t just her job in the firing line – her daughter, Nicola, worked at Poundworld in Wolverhampton, too.
“We were gutted that it went under. But I had an idea – I worked on the deliveries and they were getting smaller and smaller. I had a feeling then,” she recalls.
“I was there when the shop was shutting. It was awful. People were coming in, wanting everything for nothing. The place was stripped bare.
READ MORE: https://www.bbc.com/news/business-46646990
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