Edinburgh Woollen Mill rescue deal to save 2,000 jobs

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Investors have agreed a deal to save the chain, along with Ponden Home and Bonmarché. …

The British Retail Consortium said consumers bought 5% less last year than the year before (not including food). Much of that custom switched from the High Street to online, making it harder for chains whose customers usually shop in person. Physical stores saw sales drop by a quarter, the BRC said.

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