A large retailer has 20 or more stores. It measures businesses out of a maximum of 100. The equivalent figures last year were 36.9% and 20.6% respectively. The Simply Scuba website continues to trade, with its new 500M Divers Watch on sale today for £109. The latest breaking news, comment and features from The Independent. Other retailers that went into administration in 2020 include Bonmarché, Mothercare UK, Clintons, Select Fashion, Karen Millen, Jack Wills and Bathstore. Business failure can often be a temporary inconvenience. Mothercare-branded items, including pushchairs and car seats, will be sold through some Boots stores from summer 2020. “Without doubt this has been one of the toughest years ever experienced in the retail sector,” she said. The latest retailer to find this out is Stage Stores, the owner of Gordmans off-price stores and a bunch of other regional brands, including Bealls, Goody's and Peebles. The fast fashion retailer, which has just a few stores in the UK, filed for bankruptcy thanks to the growth in online retailers such as Amazon. Pubs, restaurants and other hospitality businesses are also struggling to keep going through the rolling coronavirus lockdowns. ... Bill Simon on the 2020 holiday retail season. This listing relates to business failures occurring in 2019. Distressed retailers struggled with falling sales for years — and then came coronavirus With shoppers shunning stores or being barred outright, the entire industry will take a hit. 2019 Hot 100 retailers averaged year-over-year domestic sales growth of 9.8 percent. The European Union should open up to the City of London financial hub given that Britain's financial rules are identical to those in the bloc, a UK industry body said on Monday. Thirty-two jobs are at risk. ... Retail & High Street List of shops that have collapsed into administration in 2020 as UK lockdown hits high street The high street was under pressure before the pandemic - and many retailers are now struggling to survive. A list of 2020's top 50 most international retailers based on their operations at the start of 2019. More recent information may well change some of the assumptions or conclusions. “Looking to 2021, although there is a speck of light at the end of the tunnel with the vaccine now being rolled out, uncertainty remains, not just in terms of the post-Covid-19 picture, but how Brexit will impact – particularly on travel and trade with the EU.”, She added: “For the hospitality sector, hopefully the easing of restrictions will give consumers confidence to return to bars and restaurants, and book breaks in hotels and other accommodation. The Simply Group also runs SimplyHike and SimplySwim. Retail expert Kate Hardcastle agrees: "Generally they have got a 25-year-old model wearing garments targeted at a 65-year-old, who doesn't feel included." Read more. Almost 40,000 retailers in the UK were in “significant financial distress” even before the introduction of tighter restrictions over the weekend forced non-essential shops to shut. Expect more retailers to be part of the circular economy, in an effort to minimise waste and promote sustainability. The health of the retail industry in the UK has been questioned over the past year and for good reason. The Crisis in Retailing: Closures and Job Losses, Business Rates and the Future of the High Street, Royal Events: Births and Marriages and UK Shopping, Sport: international football and shopping, Who’s Gone Bust in 2020 and 2021 by Company, https://www.companyrescue.co.uk/guides-knowledge/what-is/what-is-a-cva-or-company-voluntary-arrangement/. 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