A BARGAIN high street retailer could be forced to close another shop in huge blow.
Shoezone could be forced to pull the shutters down on another store after one premises has been put up to let.
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The shoe shop’s store on Mostyn Street, Llandudno has been placed up for let, according to North Wales Live.
And while it doesn’t automatically mean that the store will close, it could indicate that it could be forced to shut or relocate in the future.
Shoezone has already closed close to a dozen stores this year and has plans to close another five stores in the coming weeks.
The Llandudno store has gone up for let with the estate agent – SmithPrice.
They said the high street unit was in a “100% prime location”.
They added: “The premises are available to let, subject to possession, by way of a new full repairing and insuring lease for a term to be agreed at a commencing rental of £37,500 per annum.”
Shoezone has been contacted for comment.
The popular retailer has more than 300 stores and employs around 2,500 people.
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It sells over 16million worth of shoes every year and won’t be leaving our high streets anytime soon.
The bargain retailer will close its branches in Newton Abbot and Watford later this year.
It comes after Shoezone shoppers spotted closing down signs at the two stores.
It is not known when the shops will close but we’ve reached out to Shoezone to find out.
The shoe shop is also set to close three other stores later this year.
Its Newport store in the Isle of Wight will shut for good in September.
Stores in Hinckley and Beccles will then close later on in the year.
The high street chain has already closed 11 branches this year in the following locations:
- London Road, Waterlooville, Portsmouth
- High Street, Southend (Relocation)
- The Drapery, Northampton (Relocation)
- Bell Centre, Melton, Leicestershire
- Broad Street, Seaford, East Sussex
- Well Croft, Shipley
- Longton Exchange Shopping Centre, Stoke-on-Trent
- Dockhead Street, Saltcoats
- Broadmead Shopping Centre, Bristol
- Grand Junction Retail Park, Crewe
- Cameron Toll Shopping Centre, Edinburgh
t comes as the retailer looks to open new “big box and hybrid” format stores from its original, smaller formats.
These stores will offer more stock and a greater range of styles, according to the retailer.
In its annual results, Shoezone said it was hoping to expand its store refit and relocation programme this year.
Shoezone closed 63 stores in the year to October 1, 2022, opened 13 and converted 11 existing stores into its new formats.
In 2020, it closed 20 sites and cut jobs after facing losses during the coronavirus pandemic.
