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Major high street retailer shuts another UK store after launching huge 50% clearance sale
Major high street retailer shuts another UK store after launching huge 50% clearance sale

Scottish Sun

timea day ago

  • Business
  • Scottish Sun

Major high street retailer shuts another UK store after launching huge 50% clearance sale

The store began advertising an end-of-lease sale earlier this month SHUTTERS DOWN Major high street retailer shuts another UK store after launching huge 50% clearance sale Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A CITY centre shop has closed for the last time but the space has already been earmarked to be taken over by another retailer. Smiggle in Chapel Walk, formerly Crowngate, in Worcester has now ceased trading in the city. Sign up for Scottish Sun newsletter Sign up 1 The stationary store in Worcester has closed for the final time (file photo) Credit: Getty The stationery store started advertising an end-of-lease sale earlier this month in an attempt to clear stock ahead of its closing. The store's last day of trading was June 25. It has been revealed that the shop unit will be refurbished and reopen under a new retailer, according to Worcester News. Further details though have not yet been released. Earlier this month, the Smiggle branch in Coney Street, York, also closed its doors for the final time. A 50% discount sale had been launched to help shift stock before the store closed for good. It was reported in YorkshireLive that the decision to close the children's store came after the landlord decided not to renew the lease. However it is not all bad news as a new Smiggle branch is set to open in York Designer Outlet this July. It comes as the Australian business has announced plans to close a number of other stores across the UK. A Cwmbran Shopping Centre will pull down its shutters for the final time in August. Why are so many shops going bust? Meanwhile two other branches closed in back in May. A store in the Eastgate Shopping Centre, Inverness, shut its doors on May 21. While a store in the Darwin Centre, Shrewsbury, closed on May 25. In January 2024, the brand also closed a site in Dundee, Scotland. HIGH STREET STRUGGLES Smiggle is not the only retailer struggling on the high street amid the surge of online shopping and weaker household budgets. Hobbycraft shut nine stores on June 21 after launching closing down sales. Dobbies has also closed a slew of garden centres across the UK this year. The Centre for Retail Research is predicting more than 17,000 retail shops will shut in 2025 too. The centre has forecast a rise in closures after a hike to employer National Insurance contributions and the national minimum wage which took effect in April.

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