Tag : store closures
Drapers explores how retailers can tempt shoppers to physical stores in the long term
Beales to close 12 storesSubscription
Beales has announced 12 store closures following the department store’s collapse into administration earlier this month.
The retail industry is calling for urgent action on business rates from the government as high streets across the UK prepare for another wave of store closures.
Debenhams reveals store closure datesSubscription
Debenhams has revealed the locations and dates of the 19 stores which are due to shut in the UK this month as part of its company voluntary arrangement (CVA).
Office to shut up to 15 storesSubscription
Footwear retailer Office will close 10 to 15 of its loss-making stores in the next two years.
River Island asks landlords for rent cutsSubscription
River Island is asking landlords to slash store rents by up to 40%, Drapers can reveal.
Marks & Spencer has announced that it will close its South Street branch in Dorset, as part of its plans to shut more than 100 stores by 2022.
M&S chief hints at further store closuresSubscription
Marks & Spencer chief executive Steve Rowe has said its outlined 100 store closures are “not finite”.
Belfast womenswear indie closes after 50 yearsSubscription
The owner of a women’s occasionwear independent in Belfast, Northern Ireland has decided to shut up shop after 50 years in the business.
UK store closures reach record levelSubscription
The gap between the number of stores closing and those opening on the UK’s top 500 high streets has reached record levels, new research for PwC compiled by the Local Data Company has shown.