At a time when many high street retailers were already struggling, the coronavirus pandemic and the lockdown that came with it had a devastating impact on footfall, resulting in a number of high profile closures and a number of firms going into administration. Here are the brands which suffered most.
7. Oak Furnitureland
After starting out life on eBay, furniture retailer Oak Furnitureland went into administration only to be more or less immediately bought by hedge fund, Davidson Kempner Capital Management, which is likely to close some stores and reduce the number of staff. Photo: (Photo: Shutterstock
8. Go Outdoors
The UK’s main retailer of outdoor sports and activities equipment, Go Outdoors went into administration but was bought back out of it by owners JD Sports, who has said that it does not expect to see large scale redundancies and store closures from the 67 outlets and 2,400 employees. Photo: (Photo:Shutterstock)
9. Harveys Furniture
The UK’s second largest furniture brand was put into administration in late June after struggling in recent years, with around 20 of its 105 stores slated to close and 240 jobs expected to be cut. Photo: (Photo: Shutterstock)
10. M&Co
Previously known as Mackays, Scottish clothing retailer M&Co was bought out of administration by its previous owners. Its recovery plan will involve the closure of 47 stories out of 262, with 380 redundancies of a possible 2,700. Photo: (Photo: Shutterstock)