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Fashion retailers, homeware brands and budget stores like Poundland will close more stores in December.<\/p>\n
It follows months of major high street names pulling the plug on brick-and-mortar sites to cut costs and keep up with changing shopping habits.<\/p>\n
The weeks leading up to Christmas will see shops including\u00a0Poundland, New Look and\u00a0Homebase\u00a0pull down the shutter on locations for the final time.<\/p>\n
While it will mark the end of a year filled with closures for some household names, 2024 could see further action taken by retailers.<\/p>\n
According to the latest figures from the Office for National Statistics (ONS), an estimated 17,145 retail stores in the UK closed throughout 2022 – a dramatic increase from 2021, during which 11,459 stores closed.<\/p>\n<\/div>\n
Some retailers will close sites completely without relocating while others will replace smaller stores with larger ones nearby.\u00a0<\/p>\n
The popular fashion retailer will shut shop in\u00a0Shirley, Southampton on Sunday, December 3. It follows the loss of more than 10 stores across the UK since the start of the year.<\/p>\n
Six\u00a0New Look shops closed\u00a0down in January and February, three in September, and later in October, the brand\u00a0closed its branch in Stratford-upon-Avon.<\/p>\n
There is a glimmer of hope for fans of the shop, with new sites now open in Grimsby and Leicester.<\/p>\n<\/div>\n
Homebase fans in Banbury,\u00a0Oxford\u00a0will lose their local store in a matter of days. The Southam Road store is expected to close its doors one last time on Sunday, December 3.<\/p>\n
A second site will be axed from the retailer’s portfolio later on December 10, at the\u00a0O2 Centre on Finchley Road\u00a0in London.<\/p>\n
It comes after the closure of its Plymouth branches earlier in November which were part of a string of 93 sites that were shut down following Hilco Capital’s takeover of the brand in 2018.<\/p>\n
There’s a few weeks to go until Poundland will close more stores, with one in the Chineham Shopping Centre near Basingstoke expected to go on December 31.<\/p>\n
It’s not all bad news though, with more than 800 locations expected to remain across the UK and more cropping up in ex-Wilko sites.<\/p>\n<\/div>\n
WHSmith customers who frequent the Market Street store\u00a0in Manchester will bid farewell to it on Saturday, December 2.<\/p>\n
The retailer previously axed two branches earlier in the year, when its\u00a0Newcastle-under-Lyme branch shut permanently in Marc followed by the Bicester store which was shut on August 30.<\/p>\n
Closures will continue into 2024 too, with the WHSmith in\u00a0Ramsgate, Kent\u00a0expected to go early in the new year. An estimated 1,400 branches will remain across the UK however, so it’s by no means a sign of the end of the stationery giant which is famed for its airport and railway branches.<\/p>\n<\/div>\n[ad_2]\n","protected":false},"excerpt":{"rendered":"
[ad_1] Fashion retailers, homeware brands and budget stores like Poundland will close more stores in December. It follows months of major high street names pulling the plug on brick-and-mortar sites to cut costs and keep up with changing shopping habits. The weeks leading up to Christmas will see shops including\u00a0Poundland, New Look and\u00a0Homebase\u00a0pull down the …<\/p>\n","protected":false},"author":1,"featured_media":13600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[763],"tags":[],"_links":{"self":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/13599"}],"collection":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/comments?post=13599"}],"version-history":[{"count":0,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/13599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media\/13600"}],"wp:attachment":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media?parent=13599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/categories?post=13599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/tags?post=13599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}