MAJOR high street retailers are pulling the shutters down for good on some of their branches this weekend.
Soaring inflation has left shoppers strapped for cash, and retailers are struggling to get customers to part with their hard-earned money.
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High energy costs and a shift to online shopping are also taking a toll and many brands and many just haven’t been able to keep going.
Some well-known retailers are shutting a handful of branches, while others are set to disappear completely from the high street.
But not every retailer is shutting stores for good – some are expanding.
Next is opening two new outlet stores in England and Wales in April.
Discount retailer TK Maxx is reportedly on the hunt to open 28 new stores as part of expansion plans.
Poundland is also opening up 12 new stores across the UK this year.
But in the meantime, M&Co, M&C and Iceland are all bringing the shutters down at some stores this month.
Below we have listed all the stores closing this weekend – including M&Co and M&S.
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M&Co
M&Co has confirmed that it will be bringing the shutters down on all of its 170 shops by the end of this month.
It comes after the brand fell into administration last year and administrators at Teneo put the bust business up for sale with an auction deadline for interested buyers.
M&Co’s brand and intellectual property was sold to Yours Clothing but the stores weren’t and are set to close.
So far, 124 M&C0 locations have disappeared from the high street and another 26 will be closing this weekend.
While the branch in Rickmansworth is closing its doors for the final time today (Friday, April 21).
All the the stores listed below will be shutting for good on Saturday or Sunday:
- Alnwick – April 22
- Beverley – April 22
- Blandford Forum – April 22
- Chesham – April 22
- Cleveleys – April 22
- Cromer – April 22
- East Grinstead – April 22
- Fakenham – April 22
- Haddington – April 22
- Hitchin – April 23
- Hunstanton – April 22
- Inverurie – April 22
- Kirkintilloch – April 22
- Largs – April 22
- Minehead – April 22
- Newport – April 22
- Northallerton – April 22
- Oswestry – April 22
- Penarth – April 22
- Portishead – April 22
- Ripon – April 22
- Saffron Walden – April 22
- St Andrews – April 22
- Stroud April – 22
- Surbiton – April 22
- Wokingham – April 23
M&S
Marks and Spencer will pull down the shutters on another branch this weekend.
Its store in Castleford, West Yorkshire is closing on Saturday (April 22).
The retailer has already closed multiple branches, including in London and Edinburgh.
It comes as the company said it plans on closing 67 stores over the next five years.
However, the business also plans to open 104 new “bigger and fresher” food stores.
That includes 20 new stores across the UK this year, including in Leeds, Liverpool, Birmingham and Manchester.
Here we have put together a guide to all the M&S store openings we know are coming so far this year.
Iceland
Iceland will be shutting another two stores this weekend in its latest round of closures.
Six Iceland stores have stopped trading already this year, including branches in Rhyl, Bristol, Bangor and Newport on the Isle of Wight.
The two stores closing this weekend are as follows:
- Iceland, Clarence Place, Newport
- Iceland, Marygate, Berwick
The above closures will bring the total number of Iceland stores that have shut this year to eight.
There are currently around 500 Iceland branches and 153 Food Warehouse stores in the UK.
What other shops are closing?
Hundreds of shops have already closed for good this year, with dozens also marked to shut their doors.
Stationery giant Paperchase recently closed all its 106 stores after collapsing into administration.
Argos closed the doors on its Coatbridge branch in Lanarkshire, Scotland.
One of the UK’s biggest card retailers Clintons shut two stores for good last month.
While health and beauty retailer Boots also closed two shops last month.
B&Q shut eight “mini-shops” found inside Asda supermarkets in March too.
It’s not just retailers closing branches – Wetherspoon and Stonegate, which owns Slug and Lettuce and Be At One, are closing a number of boozers and restaurants this year.
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