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Examples
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Thorntons is currently in the process of recruiting his replacement.
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Which makes last week's news even sadder: the store chain that bears my grandfather's name was the biggest of the high street hallmarks that went into administration, along with Thorntons chocolates, Habitat and other brands.
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The confectioner Thorntons said it would close up to 180 shops, putting more than 1,000 jobs at risk.
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In my opinion, none of these chains deserves to be in trouble, nor does Thorntons, which recently announced it would close over a hundred 180close almost 200 shops.
Downton Abbey's just the opiate of the middle classes | Barbara Ellen 2012
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The retail sector has taken a hammering with casualties including Habitat, Focus DIY, Jane Norman and the discount department store group TJ Hughes, while well known high street brands such as Mothercare, HMV and Thorntons have closed large numbers of stores.
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Thorntons has announced plans to scale back on its high street presence.
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In the economics blog, Larry Elliott also wonders if November's improvement will last.12.29pm: After Thorntons' profits warning further unsettled retailers this morning some slightly more positive news just in from UK high streets.
Eurozone crisis: Fitch threatens to cut America's AAA rating - 21 December 2011 2011
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Which makes last week's news even sadder: the store chain that bears my grandfather's name was the biggest of the high street hallmarks that went into administration, along with Thorntons chocolates, Habitat and other brands.
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Some chains such as Mothercare and Thorntons have announced plans to scale back their high street presence with one retail analyst suggesting British chains were closing shops at a rate of 20 a day this year.
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Confectionary specialist Thorntons PLC blamed the warm spring for holding back sales of its chocolates, prompting the company to issue a profit warning Tuesday.
British Weather Shines on Retailers Kathy Gordon 2011
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