That’s according to figures from international law firm RPC reported by City AM.Some 1,942 retailers shuttered in 2022/23, up from 1,243 in 2021/22 – surpassing pandemic levels.คำพูดจาก เล่นเกมสล็อต
Bigger players in the retail market have capitalised on this trend, snapping up businesses that have buckled under the economic pressure. “Challenging economic conditions over the past year have had the impact of forcing struggling retailers into insolvency,” said Finella Fogarty, partner and head of RPC’s Restructuring and insolvency practice. “Despite the challenges faced by the sector, the insolvency of financially weaker retail businesses is creating opportunities for stronger playersคำพูดจาก สล็อตpg. These businesses may be able to increase their market share through strategic acquisitions of smaller competitors.” Some of the biggest names in fashion retail have been snapping up struggling businesses with Next, for instance, buying both Joules and Cath Kidston in recent months.Tesco earlier this year also acquired the Paperchase brand out of administration and late last year, Frasers Group acquired Gieves & Hawkes.
