High streets suffered the loss of 2,700 jobs and 300 store closures every week in 2019. It has proved the worst year in a quarter of a century, according to the Centre for Retail Research. 'These problems are felt by most businesses operating from physical stores, in high streets or shopping centres,' he added. Borders was an international book retailer that was first founded in Britain in 1998 and offered offered a comfortable browsing experience of books, music and film complimented by its in-house coffee shops. More than 5,500 employees lost their jobs as the brand closed its entire estate made up of 700 outlets.

Source: Daily Mail December 30, 2019 00:02 UTC