RETAILERS, pub chains and banks are set to close dozens of branches and boozers this year – and some are closing this week.
The high street has struggled in recent years as consumers turn to online shopping and following the coronavirus pandemic.
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Soaring inflation is heaping further pressure on businesses.
A number of retailers have already announced a raft of closures this year, including M&Co, Paperchase and Marks and Spencer.
Meanwhile, pub chains, like Wetherspoon and Stonegate, are also feeling the pinch.
Banks and building societies are closing dozens of branches this year too as customers transition to online banking.
But what about this week? We reveal all the stores, pubs and banks closing.
M&S
Marks and Spencer has said it plans to close 67 stores over the next five years, while opening 104 new “bigger and fresher” ones.
A number have already shut up shop for good, including the Eastkilbride branch on February 25.
Its branch in Linthorpe Road, Middlesborough, is set to close on April 15 – Friday this week.
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Wetherspoon
Pub giant Wetherspoon has already closed over a dozen boozers across the UK, including in Hove, Derby and Wrexham.
Last year, boss Tim Martin said far more people were now drinking in their homes rather than pubs.
Its Rising Sun boozer in Redditch, near Birmingham, is set to close on April 16 – this coming Sunday.
Barclays
Barclays is set to close dozens of branches this year after pulling down the shutters on 10 in March.
A further 22 will have closed by the end of this month.
This week, it will close seven branches. The full list is:
- Guiseley – April 12
- Hunstanton – April 12
- Southwark, London – April 13
- Bargoed – April 14
- Barnoldswick – April 14
- Flitwick – April 14
- Macclesfield – April 14
What other stores, banks and pubs are closing this year?
A number of stores, banks and pubs are braced for closure this year.
In February, Stonegate, which owns Slug and Lettuce and Be At One, said it is “planning to sell” 1,000 pubs.
Meanwhile, stationery giant Paperchase started closing its 106 stores in March after collapsing into administration.
Plus, retail giant M&Co is set to close all 170 of its stores forever – and two are shutting up shop for good within days.
Over 50 bank branches are pulling down their shutters for the final time within a matter of days too, including Barclays, HSBC, Lloyds and NatWest.
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