New Look is set to close up to 100 stores in new bid to cut costs

https://www.dailymail.co.uk/news/article-6358855/New-Look-set-close-100-stores-new-bid-cut-costs.html

House of Fraser nearly plunged into administration but was rescued at the eleventh hour by Mike Ashley 

House of Fraser nearly plunged into administration but was rescued at the eleventh hour by Mike Ashley 

The year has seen a bloodbath of Britain’s high streets – with many of the nation’s retailers shutting stores and axing jobs. 

Here are some of the big name retailers which have lost out as they face fierce competition from the rise of online shopping

Carpetright: 

The carpet retailer is closing 92 stores across the UK.

These closures represent nearly a quarter of all UK Carpetright stores.

Toys R’ Us

The UK’s largest toy shop went into administration in February 201, leading to an estimated 2,000 redundancies.

House of Fraser:

The department store chain was on the verge of heading into administration but was rescued at the eleventh hour by Sports  Direct owner Mike Ashley.

Maplin:

The electronics giant has gone bust, closing shops across the country and putting thousands of jobs at risk.   

Mothercare:

The baby and toddler chain is closing 60 shops across the UK putting up to 900 jobs at risk.  

Poundworld:

Poundworld announced it was going into administration on June 11 after talks with potential buyer R Capital broke down, putting 5,100 jobs at risk. 

Homebase:

The DIY chain set to close 42 DIY outlets shut, putting around 1,500 jobs at risk.

Marks & Spencer:

The retailer announced in May it plans to close 100 stores by 2022, putting hundreds of jobs at risk. 

In August stores in Northampton, Falkirk, Kettering, Newmarket, New Mersey Speke, Stockton and Walsall all ceased trading.