A MAJOR supermarket is to shut more stores within weeks following a string of closures.

Iceland has already shut the doors on more than half a dozen shops, with more closures on the way.

A major supermarket is to shut more stores within weeks following a string of closures (stock image)

2

A major supermarket is to shut more stores within weeks following a string of closures (stock image)Credit: Shutterstock
Iceland has a portfolio of over 1000 stores in the UK

2

Iceland has a portfolio of over 1000 stores in the UKCredit: Getty

The next closure will be the Iceland branch in Hitchin town centre on Saturday, June 10 at 4pm.

This will be followed by the Beccles branch in Suffolk, which is set to close on June 17.

Several stores closed for good earlier this year, including branches in Bromsgrove, Basingstoke and Rhyl.

Three stores in Newport, Berwick and Hexham closed in April .

High street giant to shut 10 supermarkets and clothing stores this year
Full list of shops and chains closing down including M&S and Wetherspoons

It comes as a number of big retailers look to close branches as they struggle with high energy costs and soaring inflation.

Richard Walker, Executive Chairman of Iceland Foods, told Mail Online: “Across Iceland and The Food Warehouse we have a portfolio of over UK 1,000 stores, and our retail estate has grown by nearly 200 stores over the last ten years.

“We typically open more than 20 new stores each year, creating many new jobs and contributing to the growth of local economies.

“At the same time, we continually review the retail experience offered to our customers and have always made a small number of store closures every year, as local shopping patterns change and shop leases expire.

Most read in Money

“The business is currently trading very strongly, achieving record market shares.”

It comes after a high street retailer launched a huge discount sale before disappearing from the high street.

And Marks & Spencer will permanently shut 10 of its stores and relocate another more shops later this year.

This post first appeared on thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Full list of shops, pubs and banks closing this year – is your local high street affected?

HIGH street retail is taking a hit and many shops are shutting…

Royal London revives bid to merge with LV

Royal London last night revived its bid to merge with LV –…

Full list of benefits that DON’T qualify for £301 cost of living payment

MILLIONS of households are set to receive a £301 cost of living…

Britons are spending £641 a year on takeaways – money expert explains how to cut down

The average Briton spends more than £600 pounds per year on takeaway…