Whilst travelling to work on the train this morning, I came across this news article that I thought would be of interest to you based on the context of Merchants who are looking to transition from superstores to smaller local stores, as they say to “meet consumer demand”.

A good student will consider the E1 aspects of staff morale not just for those affected but also for those other employees nationally who may be affected by future cuts if the current trend continues. Whilst the F1 student will consider the financial reporting aspects of discontinued operations and provisions for closure/restructuring and the P1 student considering pricing implications across all stores.

Please share your comments on this article and how you think it may appear in your exam.