SEVERAL major shops and chains are closing dozens of branches before the end of the year.
Some stores will be replaced with brand new shops while others will disappear from the high street forever.
Boots is closing eight stores, many of which provide community pharmacy services, before the end of 2023.
Budget supermarket Iceland is closing stores in two locations and Tesco is closing one of its popular Express stores.
DIY chain Homebase is closing two stores in November and a third in December.
B&M, Byron Burger, Cineworld, Farmfoods, M&S, Sports Direct and WHSmith are also closing a handful of stores before the end of the year.
The cost of living crisis, stubbornly high inflation and energy costs are taking their toll on retailers.
Shoppers have been cutting back spending, while the cost of actually running a store has also increased, meaning some outlets have struggled to keep going.
Figures from the British Retail Consortium (BRC) this summer found the UK had lost 6,000 stores over a five-year period.
Several major brands have also collapsed and closed stores for good.
Continue reading:
https://www.thesun.co.uk/money/24459819/full-list-shops-chains-closing-before-end-year/
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27 Comments
We all know why…. The same reason in America.
Philip Green taking around a billion out of the businesses he controlled and retiring…..may have helped the downfall of some iconic brands…
The spare money we used to spend in shops is being stolen by the government in ever more insidious taxes, the stupid parking charges everywhere and the threat of fines, homeless all over the place, half the shops boarded up because they can't afford the business tax. The government is 100% to blame for this decline, and the wider destruction of our culture and everything it meant to be English, Welsh or Scottish. We have to support half the world that has moved here now.
good riddance i say, shops sucks, total money sinks of tate i don't really need. People treat you like rubbish if you work in them, and the experience of shopping online is so superior its laughable, cheaper, better quality, better service and i can get exactly what i want/need without any of the unwanted tate.
Shop closures are harming the ability for shoplifters to earn a decent living.
It all started with decimalization. All prices were conveniently 'rounded up'.
Opening a business in the US is a fictional adventure. In the city I open my barber shop had a fee or tax for everything. A sign tax , had to pay a tax to hang a sign in my shop window. Fire inspection, state inspection blah blah. Rent and utilities insurance maintenance costs. People biched that I charged in 2012 $25 for a shave and cut. Now would need to charge $75 today to make a tiny profit.
when councils abolish parking charges and anti car campaigns ill stop buying from the internet
Trouble is, you can't buy what you want in the high street these days. I wanted some brown glazing putty, went down town, tried five stores, took over an hour, several start stops of the car, came back empty handed. Put the kettle on, got onto the internet, ordered the pity in about 2 mins and it arrived two days later.
The Internet has a lot to answer for, its a Monster that has been created to rule the World and control everyone and it is working as many people are like sheep following the trend but the end result will be they have no options or choices left open to them anymore😬
Is it due to something policy, or is it due to the distribution of goods via the Internet?
In other words, is this the result of the historical loss of the significance and necessity of the shopping district itself?
If so, does this mean that the same scene will soon be seen in cities all over the world?
❤️🙏
Online shopping is killing retail shops.
Society is changing in a bad way.
A lot of town centers are dead.
Great Reset ,2024 The Collapse,2025 The Deagel Report Effected.
I remember during the 80s and '90s lot of rich Arab Sheikhs and their families used to flock to the city of London to buy luxuries and top-notch UK Brands.
In Pakistan, people used to show off their fancy products such as sleeping suits, gowns, socks, sweaters garments, etc. Which they purchased at the M&S, St. Micheals and Self-ridges stores.
The tourists were the backbone of the London High Street Economy, and most of these stores were packed with Middle Eastern customers carrying large amounts of traveller cheques and cash. Such splurge and irrational exuberance were on display!
Harrod looked more like an Arabian Oasis fantasy coming true.
Now with the advent of Dubai and other mega shopping malls around the GCC and also in SE Asian nations such as Malaysia, and Indonesia, Arab travellers are spending their petrodollars in those tourist spots. The Exchange rate conversion is also favourable.
An overvalued Pound Sterling has made tourism expensive and lowered tourist shopping traffic on the high streets of London in my opinion compared to the 1970s, 80s and 90s.
As British people, we are all about value for money, are we not? I am at least. Why would I or anyone else pay 30% more for the exact same product in store than online? Unless it's shoes that you want to try on, you simply wouldn't. Also, in the past how many of us would go to four or five different stores wanting to buy a specific product, only to return home empty handed, half a day wasted. That specific product you want can be paid for online and delivered to your address, saving you both time and money, as well as actually getting what you wanted in the first place.
High street stores failed to compete with online shopping and as soon as they raised their prices they basically signed their own winding up order.
Parasite landlords and local councils. My local barber told me the first four hair cuts of the day go straight out the door to those two leeches……
hey brits, say thanks to your zion ist governments
Im just waiting for the blaming the immigrants comment
Membership class
I rarely shop on amazon
I used to go to wilko
This is what happens when you elect near-billionaires as your leaders, who then tell us all to tighten our belts because there's no money.
No way shops and malls can compete with warehouses and their free delivery. Time to think of ways to compete with online shopping
It’s all done by design, they want us to shop online or big shops so it can be tracked and traced, they don’t want us using cash in local shops as they can’t trace it
Sad
The Sun. Thanks for reminding me why i don't pay attention to you. Clowns 😂