Store closures

Store closures drop to lowest rate in seven years

Store closures have stabilised to the lowest rate in over seven years, with 6,146 store closures in H1 2022 (-30%)…

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Quiz revenues plummet 66% amid store closures

Quiz has revealed that total revenues plummeted 66% to £39.7m in its FY21 trading update, as the fashion group was…

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John Lewis to suspend store closures

John Lewis has confirmed that it has no plans to close any further stores, according to The Times.  Executive director…

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Why retail store closures don’t have to be bad for business

It is no secret that the retail sector is facing somewhat of a crisis, with a number of leading retail…

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Nike global revenues up 3% as online helps offset store closures

Global sportswear giant Nike has revealed that its revenues for the third quarter of the year were $10.4bn (£7.4bn) up…

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‘Robust’ online sales offset store closures at Watches of Switzerland

Watches of Switzerland has welcomed a period of strong trading in its third quarter ended 24 January 2021, with group…

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Dunelm revenues up 11% despite store closures

Homeware retailer Dunelm has reported an 11.8% increase in revenues for the 13-week period ended 26 December 2020, despite having…

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Primark predicts £1.1bn sales loss amid store closures

AB Foods, the owner of clothing retailer Primark, has issued a warning of a hit from lost retail sales of…

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McColl’s revenue tops £1.25bn despite store closures

McColl’s revenue has increased by 2.3% to £1.25bn this year in light of “strong demand” during the pandemic, according to…

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Quiz sales plummet, store closures anticipated

Fashion retailer Quiz has revealed its sales have been “significantly impacted” by the pandemic, with total sales falling by 77%…

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