Area News
Homebase to close 42 stores
The process is expected to lead to a reduction of up to 1,500 roles. The creditors will vote on the CVA on 31 August 2018.
2018 - Media Team Retailp.com
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Latest News
Posts tagged closure
Area News
Ikea to shut Norwegian in-town stores amid cost cuts
Furniture retailer Ikea will shut three city centre stores in Norway as part of a drive to cut costs amid declining profits, the company said in a statement on Wednesday.
2018 - Media Team Retailp.com
Area News
Mothercare closes all UK stores
This Sunday marked the end of an era for collapsed maternity retailer Mothercare, with the last of its 79 UK stores closing for good.
2020 - Media Team Retailp.com
Area News
Patagonia to return to the UK high street
Patagonia has signed a deal to open a 3,303 sq ft shop in Manchester, returning to the UK high street three years after it closed its Covent Garden flagship store.
2017 - Media Team Retailp.com
Area News
BCBG Max Azria to withdraw from the Japanese market
American lifestyle brand BCBG Max Azria announced on Friday that it will be withdrawing from the Japanese market. It will shutter all of its Japanese stores by the end of January 2018.
2017 - Media Team Retailp.com
Area News
House of Fraser and Intu agree deal to save four stores from closure
All four House of Fraser stores located within Intu shopping centres will remain open, it was announced on Wednesday as the mall owner reached a deal with Sports Direct.
2019 - Media Team Retailp.com
Area News
Tesco to cut 4,500 jobs in Metro restructuring
Tesco, Britain's biggest retailer, is to cut around 4,500 jobs from its Metro stores in a new wave of redundancies designed to cut costs and reposition the group to compete in the highly challenging environment.
2019 - Media Team Retailp.com
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Area News
House of Fraser to close 31 stores
Pending approval of the CVAs, it is anticipated that stores scheduled for closure will remain open until early in 2019.
2018 - Media Team Retailp.com
Area News
Thomas Sabo closing all Canadian stores
Just a few short years ago, Thomas Sabo was busy expanding its Canadian operations. Now, the Germany-based jewellery and watch brand confirmed on Monday it is shuttering all stores in the country.
2020 - Media Team Retailp.com
Area News
Bed Bath & Beyond extends store closings
The temporary closure of Bed Bath & Beyond stores as been extended until at least May 16, the company announced.
2020 - Media Team Retailp.com
Area News
Poundworld to disappear from the High Street
Poundworld has announced the closure of its remaining 190 stores with the loss of 2,339 jobs.
2018 - Media Team Retailp.com
Area News
Gap is closing hundreds of stores
The company said cutting off languishing stores could add over $100 million in earnings.
2018 - Media Team Retailp.com
Area News
Bed Bath & Beyond to close 40 stores
Bed Bath & Beyond is struggling, and its turnaround plan includes shutting down about 40 locations this year and testing new ideas with "lab" stores that sell more home decor and food products.
2019 - Media Team Retailp.com
Area News
H&M to close Cheap Monday London store
Denim brand Cheap Monday, which trades under the moniker No Bullsh*t Jeanswear, is closing its only London store. Operations at its Carnaby Street location will cease as the brand will focus on its main markets and wholesale partners.
2018 - Media Team Retailp.com
Area News
Avenue to close all its stores
Store closures were confirmed, and the plus-size apparel retailer is working with Hilco and Gordon Brothers to wind down its physical footprint.
2019 - Media Team Retailp.com
Area News
Michael Kors plans store closures as loss widens
In an effort to dig out of its sales funk and rebuild its brand, Michael Kors plans to shutter more than 100 full-price stores.
2017 - Media Team Retailp.com
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Area News
Bon-Ton is closing all 256 of its department stores
2018 is shaping up to be another difficult year for traditional retailers. After shutting down more than 5,000 stores in 2017, there have been more than 2,000 store closures announced over the past few months.
2018 - Media Team Retailp.com
Area News
House of Fraser announces three store closures
House of Fraser's new owner Sports Direct is continuing to blame “greedy landlords” after it announced that three of the chain’s 59 department stores will definitely close. Those three locations include the Hull and Swindon branches plus the Frasers store in Edinburgh.
2018 - Media Team Retailp.com
Area News
Lampert reveals plans for Sears after bankruptcy
Sears Holdings Corp will sell or sublease some of the 425 stores of the retail chain and open smaller stores with more focus on tools and appliances than on apparel, said Chairman Edward Lampert in an interview with the Wall Street Journal.
2019 - Media Team Retailp.com
Area News
C&A to close down another 30 stores in France
After an executive committee meeting on Friday, Dutch retail group C&A is planning the closure of 30 stores in France, putting 200 jobs at risk, according to various sources.
2020 - Media Team Retailp.com
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