Thomas Cook collapse – what it means for high streets
The liquidation of Thomas Cook is a disaster for 150,000 holidaymakers and the travel agent’s 22,000 staff, including 9,000 in the UK.
But it also intensifies concerns about the health of the high street, where 178-year-old Thomas Cook operated 544 branches.
The most immediate question is to what extent such a large number of closures, as looks likely at present, will be a blow for high streets already hit by the administrations of other well-known names.
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