Latest News Headlines
On-Air Now
Listen Live
Facebook

Isle of Man Topshop store saved from closure

Thu, 23 May 2019


More than 500 jobs are at risk in the UK, after businessman Sir Phillip Green's Arcadia retail group launched a rescue plan.

The company says its Topshop store in Douglas is unaffected and will remain open.

Burtons, Wallis, Dorothy Perkins, Miss Selfridge are also safe on the Island.

The restructuring would see the closure of 23 shops belonging to the group - whose brands include Topshop, Burton and Dorothy Perkins.

The move will also see pension scheme contributions reduced, as well as proposals to reduce rent at nearly 200 stores across the country.


 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed