End of the line for Jersey women’s clothes shop
www.VUE DES ISLES.com :: UK & World News,Business & Sports Latest :: Current World & UK Affairs :: Old Bits & Bobs
Page 1 of 1
End of the line for Jersey women’s clothes shop
Owner Tim Murphy outside the women's clothes shop which is to close
WOMEN’S clothes shop Murphy’s is to close because it is struggling to compete with New Look.
Owner Tim Murphy said that he had no choice but to sell the lease after sales dropped up to 50 per cent since the UK shop opened last July.
The men’s shop next door will stay open because its profits remain up, but the women’s section will shut as soon as someone takes on the unit at Bath Street. ‘There are nine years left on the lease and we are looking for someone to take it on,’
Mr Murphy said, having run the woman’s clothing shop for 16 years. ‘The main reason is New Look. Until they came in we were doing pretty well, but we can’t compete with them. We would have survived the recession, but their arrival was a double whammy.’ (from JEP)
www.VUE DES ISLES.com :: UK & World News,Business & Sports Latest :: Current World & UK Affairs :: Old Bits & Bobs
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|