York stores to close as Philip Green’s retail empire faces collapse
Two Arcadia brands are to close in York as part of attempts to save Sir Philip Green’s retail empire from administration.
The Arcadia Group’s Dorothy Perkins and Burton sites at Coney Street in York will shut as part of the planned closure of 23 stores across the UK, according to the BBC.
In total, 520 jobs are at risk across the retail outlets. In addition to the closures, the group has organised Company Voluntary Arrangements, which will see the rents cut at 194 stores.
Stores under the Burton, Dorothy Perkins and Tops... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...