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Arcadia Group to Close 260 UK Stores?

acardia-group1The Arcadia group, one of the UK’s biggest retailers and a popular employer, could close up to 260 stores across the country during the next three years.

 

The group’s boss Sir Phillip Green announced plans for the move yesterday, after the group has seen a gradual decrease in annual profits. He noted that it was due to the current, poor trading conditions on the high street.

Arcadia owns a variety of popular brands including Burton, Dorothy Perkins, Topman and Topshop and employ thousands of people across the country.