Store Closures

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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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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