The CFO of a major UK retailer, Sports Direct, has said that the British Government’s “shambolic” re-opening plans are likely to “finish off” some retailers, who won’t make it through the novel coronavirus pandemic, are reported here by ITV News.
The chief financial officer of Sports Direct says the reopening of non-essential shops on June 15 is a “delay” that will “finish off” some retailers.
Chris Wootton says the Frasers Group – which owns Sports Direct, Jack Wills, Game and House of Fraser – had been preparing to reopen more than 800 UK stores on Monday, June 1, in accordance with the guidance that was published in the government’s “Covid-19 Recovery Strategy” two weeks ago.
ITV News YouTube Channel