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Page last updated at 08:47 GMT, Thursday, 24 November 2011

Arcadia to close 250-260 shops

Arcadia, the retail giant publishes its latest results and it makes for grim reading with a 38 percent fall in year profit.

Sir Philip Green, owner of Arcadia explains what happens next for them and Professor Jeremy Baker, retail analyst at the ESCP Business School, analyses this downward trend on the high street.

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