High street closures: how private equity helps push firms to the brink
- Written by Stephanie Giamporcaro, Associate Professor, Sustainable Finance, Nottingham Trent University
Total liquidation.Willy Barton/ShutterstockWith long-established names like Debenhams, Topshop and many others vanishing from the town centres across the UK, it would be easy to blame the rise of internet shopping – spurred on by the pandemic – for the decline of the high street. But there are also more hidden forces at work....