Phoebe Griffits

How Amazon is destroying the British high street

The announcement from Marks & Spencer regarding multiple store closures is the most recent in the long chain of major UK retailers shutting their doors. Other announcements in 2018 include Toys R Us, Maplin, Gap, Michael Kors and Abercrombie and Fitch. M&S’s annual pre-tax profits fell by nearly two thirds in the last 12 months,