- B&M lose two stores this month, whereas Iceland and New Look are set to close one
- Cut-price meals retailer Lidl will even be shutting down two of its outlets this month
These are the B&M, Iceland, Lidl and New Look stores that may have shut down across the nation by the end of the month.
As power payments soar and the highstreet stores wrestle with constructing situations, half a dozen websites are set to close their doorways for good inside weeks.
While some are set to get replaced with different stores, others are set to depart a gap for native consumers.
B&M will lose two stores this month, whereas Iceland and New Look are set to close one and Lidl will close two.
It comes after a raft of closures across the trade – with nearly 50 shutting their doorways for good day by day final 12 months, in response to the Centre for Retail Research.
This was up by nearly half on the 12 months earlier than.
B&M is closing one retailer this month, in Bolton’s Burnden Retail Park.
Its doorways will shut for good on May 24, with the shop directing punters to a different outlet full with a backyard centre lower than a mile away.
They are additionally closing one other retailer in Widnes, Cheshire – though this will likely be changed by a ‘larger and higher residence’ lower than a mile down the highway.
The present retailer will close on Wedneday May 17, with the brand new outlet opening on the next Saturday, May 20.
The firm mentioned: ‘We apologise for any inconvenience induced whereas we carry you a much bigger and higher B&M retailer.’
But there’s excellent news for patrons, with B&M saying a quantity of openings over the following few months.
After a number of opened final 12 months as effectively, the quantity of B&M stores across the UK now stands at greater than 700.
Frozen meals big Iceland will even close a department in Flint, Wales – with one other in Beccles, Suffolk going subsequent month.
The grocery store chain – which has greater than 1,000 stores alongside The Food Warehouse – says that is half of a continuing evaluate of stores they personal.
Iceland has expanded by practically 200 stores within the final ten years however recorded an working loss of £4million for the six months as much as September.
That month its boss Richard Walker warned it had been pressured to shelve new retailer openings because it handled a £20million enhance in its power payments.
Mr Walker, who took over from his father, Malcolm, in 2018, mentioned hovering power costs, wage inflation and labour shortages had left Iceland going through its worst disaster in additional than half a century.
The Flintshire outlet will shut its doorways on May 27 whereas Suffolk consumers will lose their department on June 17.
Lidl will even be shutting down two outlets this month.
Both – on Sturry Road, Canterbury and Forton Road, Gosport, in Hampshire – will go on Sunday May 28.
The poor situation of the constructing in Canterbury has made it unfit for function.
And they’re leaving the Hampshire location – which has been in place for 25 years – as they aim newer websites.
Staff are to be given new jobs in different Lidl stores.
Cut-price clothes retailer New Look can also be set to let go of its retailer in Newlands Shopping Centre, Witham on May 18.
The Essex city will likely be added to the draft of seven stores already closed this 12 months.
These included outlets in Bimingham, Trowbridge and Coventry.
“We are supporting colleagues and we wish to accommodate the staff into native stores the place potential,’ a New Look spokesperson advised The Sun.
“We have loved being half of the area people and want to thank all our prospects for buying with us.”
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