Department store depression

February 2005
Cabinet Maker;2/11/2005, Issue 5425, p8
Trade Publication
The article reports that with the demise of Allders PLC and a possible sale of Littlewoods PLC, the author looks at what lies in store for the department and variety store sector. According to the author, for a retail sector worth about £14.5 billion, the future looks a little uncertain. With such figures, one might be forgiven for thinking there was little to worry about. But as the failure of Allders and low profitability of other chains has shown, all is not well in this sector. The first reason for this debacle is the growth of the specialist retailer.


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