Opus is quoted in the Sunday Express on perilous prospects for UK retailers
March 27, 2016
As retail chain BHS struggles to survive by cutting a deal with its landlords, 2016 is looking less and less rosy for other UK retailers. Research by financial health monitoring experts, Company Watch reveals ten major chains in its Warning Area. Nick Hood comments in the Sunday Express:
“The problems at BHS are the tip of the iceberg for a sector bedevilled by high rents, rampant discounting, inadequate online platforms and far too much capacity.
“The imposition of the Living Wage next month could be the last straw for some. Most pundits expect further casualties in the retail sector over the next few months, probably rather more than a handful.”