Welsh Liberal Democrat Economy Spokesperson Andrew Parkhurst and Welsh Lib Dem Leader Jane Dodds have issued a joint statement regarding the devastating job losses following the collapse of the Arcadia Group:
“The announcement of job losses at Arcadia Group stores and Debenhams will be devastating news for those working in their shops and there will be disappointment amongst their customers.
“Debenhams is seen as an anchor shop for many communities in Wales such as Wrexham, Swansea and Newport. The failure of the owners of the businesses in the Arcadia Group to properly understand retail business and the long term failure to invest has played as much of a part in this crisis as the very difficult trading circumstances.
“Covid has hit Welsh high streets and shopping centres hard. Sectors whose activities involve social contact - such as non-critical retail, hospitality, and restaurants - have been completely shut down, and temporary or permanent job losses here have been concentrated among low-paid service workers.
“The Welsh Government must provide what support they can for attempts to save some of these businesses and some of these jobs, and ensure that comprehensive re-training and job search support is available for all those effected whose jobs cannot be saved.