Retailers ‘facing escalating risk of failure’
The number of North West retailers at elevated risk of financial failure has risen sharply in recent months, according to research by insolvency and restructuring trade body R3.
The figures show that the number of high street retailers in the region considered at higher than normal risk of failure in the next 12 months has increased from 23% in June to over 28% in November – equivalent to nearly 4,000 businesses in total.
Online retailers and catalogue companies in the North West have also been feeling the chill, with the numb... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
