More jobs under threat as retailers fight against high street slump

More trouble on the high street
A retailer with three stores in the North West has become the latest victim of the slump on the High Street. Luggage and handbag specialist Bags Ect has gone into liquidation with the loss of 350 jobs. The news of more store closures emerged on the same day that it was announced Tesco Direct is being axed by the supermarket giant with the loss of hundreds of jobs. And this morning Marks & Spencer has announced that its profits had plunged by 62%. The high street giant has been hit by big charge to cover the cost of clo... 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...
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