Major retailer SAVED from administration – but 200 stores at risk of closing...

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Major retailer SAVED from administration – but 200 stores at risk of closing...
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  • 📰 TheSun
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All the chains we've loved and lost in recent years

It's understood that Tapi is the only competitor to have offered a deal that involves rescuing both jobs and stores.Thousands of households to get a £300 direct payment to bank accounts within days

Carpetright put PwC administrators on standby on Friday as it sought a "period of protection" to secure additional investment. In many cases, retailers are shutting stores because they are no longer the money-makers they once were because of the rise of online shopping. Retail parks are increasingly popular with shoppers, who want to be able to get easy, free parking at a time when local councils have hiked parking charges in towns.

In some cases, stores have been shut when a retailer goes bust, as in the case of Wilko, Debenhams Topshop, Dorothy Perkins and Paperchase to name a few.

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