Store closures

London’s store closures return to pre-pandemic levels for first time

Five stores closed each day in Greater London in 2024, with four new stores opening, according to the latest data…

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New TOFS owner eyes potential CVA and store closures

Modella Capital, the owner of The Original Factory Shop (TOFS), is reportedly working with Interpath Advisory on a potential company…

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Quiz eyes store closures as costs mount

Quiz is reportedly considering closing up to a third of its 60-location portfolio as a way to cut costs and…

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Shoe Zone halves profit guidance and warns of store closures

Shoe Zone has halved its profit expectations for the year to 27 September 2025, downgrading it to “no less than”…

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Next warns of store closures if equal pay appeal fails

Next has warned that store closures may be necessary if its appeal against a recent equal pay ruling fails. Last month,…

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Shoe Zone revenues rise 6.1% in FY23 despite store closures

Shoe Zone group revenues rose by 6.1% to £165.7m in the year ended 30 September, despite the retailer trading out…

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H&M confirms regional UK store closures

Fast fashion retailer H&M has confirmed that it will be closing a number of stores across the UK in Burton,…

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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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