Peacocks stores back in business but only half will reopen
Half the fashion chain’s 400 stores will reopen, saving 2,000 jobs, but the rest are left behind. …
She added that there were parallels with Sir Philip Green’s Arcadia chain, whose star outlet was Top Shop: “Like Arcadia Group, Peacocks former owner, Edinburgh Woollen Mill, struggled with the accelerated shift to digital brought on by the pandemic. It was another sprawling retail empire which collapsed, with former rivals picking over the spoils.”
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