While America is known for its big shopping complexes, the British love their small stores, run by families for generations. These shops feel more like part of the culture and when one of them sadly closes, it hurts a whole community.
Today, we are looking at some of the most surprising British brands which closed their doors. These iconic stores were part of a legacy, one which sadly ended due to many reasons. Scroll down below and see why and how it happened.
Thomas Cook
The travel agency was Created in 2007, thanks to a very lucrative merger between Thomas Cook AG and MyTravel Group plc, the new brand was the best of both worlds and the public could tell. Thomas Cook became the go-to spot for every traveller in the U.K.
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But due to the ease of internet booking, more and more people opted to plan their holidays themselves and by 2018, the company reported £1.5 billion for the first half of its financial year. Soon, they claimed bankruptcy and closed all their brick and mortar stores and laid off 21,000 employees. This left 600,000 customers stranded abroad and started the largest peacetime repatriation in U.K’s history.