Arcadia Group

  1. Some stores could be rescued after Arcadia administration

    BBC Radio Guernsey

    Despite the Arcadia group going into administration, it does not mean stores will disappear from the High Street, says the chairman of the Guernsey Retail Group.

    Jonathan Creasey says there could be a rescue package put together to save some of the more profitable stores.

    Arcadia, which owns Burton, Dorothy Perkins and Topshop, has hired administrators from Deloitte after the coronavirus pandemic severely reduced sales across the group.

    Across the British Isles, the stores employ more than 13,000 people.