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well mr finch you would say that, in my opinion on line retail cannot exist at the level it has or will achieve without the skill required by so called bricks and mortar retailers.

further more the collection of techno eggheads that suddenly think they have become skilled retailers is plain silly, wake up numpty, you only exist because of the retailers out their that have taken and continue to take serious capital risks to drive customers demand, you sir are feeding off the back of seriously skilled retailers whilst attempting to pretend that your industry has re-invented retail. how many CEOs can you count that has come up the on line route that are running full retail companies? none that i know of!

Arcadia clearly has a number of old brands that they are squeezing the life out of with great effect, at some stage they will die off in the mean time watch how long it takes Ian Grabiner to get landlords to reduce his occupancy costs on those brands, he is a clever boy and this release is a well thought through strategy. on line/mobile etc will do nothing to help them in this instance.