Maplin (4/7)

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With over 200 stores up and down the United Kingdom, hiring roughly 2,500 staff in those stores, the announcement that electronics specialist Maplin were in administrative measures took the headline news in February 2018. Citing the devaluation of the pound following the Brexit decision and a weaker consumer environment as the reasons behind Maplin’s decline, the company’s failure to compete in a world dominated by the likes of Amazon did much to highlight the unforgiving nature of rolling with the times. 

Written by James Metcalfe

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