It looks as if the next victim of the recession on the high street will be childrenswear retailer Adams.
According to the BBC, they’ve applied to go into administration, although they are still not officially under the control of administrators.
It looks as if the next victim of the recession on the high street will be childrenswear retailer Adams.
According to the BBC, they’ve applied to go into administration, although they are still not officially under the control of administrators.
Time for a new series here at Money Watch: Recession Watch. In this series, we’ll look at the effects of the recession on the UK, and this morning there’s some mixed news for three high-street stores.
Woolworths have released a list of store closing dates for their 800 shops nationwide.
More news today from the failing retailer Woolworths; it seems that unless a last minute buyer can be found, all of its stores will be closed by 5th January.
If you’re interested in learning about the economic concepts of inflation and deflation then I recommend you read two articles at Economonkey.
As part of the BBC’s reports on The Downturn, they’ve posted a series of tips and further reading for helping cope with a recession.