{"id":241237,"date":"2023-11-15T21:05:38","date_gmt":"2023-11-15T21:05:38","guid":{"rendered":"https:\/\/lovemainstream.com\/?p=241237"},"modified":"2023-11-15T21:05:38","modified_gmt":"2023-11-15T21:05:38","slug":"another-one-bites-the-dust-as-high-street-retailer-with-500-locations-announces-store-will-close-permanently-the-sun","status":"publish","type":"post","link":"https:\/\/lovemainstream.com\/lifestyle\/another-one-bites-the-dust-as-high-street-retailer-with-500-locations-announces-store-will-close-permanently-the-sun\/","title":{"rendered":"'Another one bites the dust' as high street retailer with 500 locations announces store will close permanently | The Sun"},"content":{"rendered":"

SHOPPERS have cried "another ones bites the dust" after a retailer with 480 locations confirmed it is permanently closing one of its stores.<\/p>\n

Next Home is set to pull down the shutters on its branch at the Crescent Link Retail Park in Derry, Northern Ireland, next year.<\/p>\n

<\/p>\n

The homeware and furniture store will close to customers for good in February.<\/p>\n

A spokesperson for the retailer said the store is closing after its lease came to an end.<\/p>\n

They added impacted staff were being offered new roles at nearby stores, with some having already secured new positions.<\/p>\n

Shoppers have shared their devastation following the announcement of the closure.<\/p>\n

Read more in Retail<\/h2>\n

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One said: "Another one bites the dust…Got to sort this economy out and fast."<\/p>\n

Meanwhile, a second said: "So so sad, what a fantastic store and will be so missed. Just love my furniture I bought in recent years."<\/p>\n

A third added: "I absolutely love this shop and am gutted it's closing….picked up some great things there."<\/p>\n

A fourth disgruntled customer said: "One of the consequences of online shopping. So sad to read this!"<\/p>\n

Most read in Money<\/h2>\n

<\/picture>IT’S HERE! <\/span><\/p>\n

Watch John Lewis Xmas ad about boy\u2019s quest for perfect tree – it’s a tearjerker<\/h3>\n

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<\/picture>PIE LIFE <\/span><\/p>\n

I tested supermarket steak pies – the best is just \u00a32.99 and is good as any pub’s<\/h3>\n

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<\/picture>HELPING HAND <\/span><\/p>\n

Low-income households to get \u00a3150 extra for energy bills over winter<\/h3>\n

<\/span><\/p>\n

<\/picture>LONG GONE <\/span><\/p>\n

Hellmann’s discontinues ‘best sauce EVER’ and there’s NO plans to bring it back<\/h3>\n

<\/span><\/p>\n

A fifth simply said: "Terrible."<\/p>\n

It comes after Next confirmed plans to close 11 stores this year in a blow to shoppers.<\/p>\n

Six of the stores are not expected to reach their target margins, while two are site redevelopments.<\/p>\n

The remaining three are closing because an agreement couldn't be reached with the site's landlord.<\/p>\n

Next isn't the only retailer closing stores across the UK either.<\/p>\n

A number of high street retailers have been hit hard as consumers increasingly turn to online shopping.<\/p>\n

Figures from the British Retail Consortium reveal 6,000 retail outlets have closed their doors for good in the last five years.<\/p>\n

The trade association said the closures are in part due to "crippling" business rates and the impact of\u00a0Covid\u00a0lockdowns.<\/p>\n

A number of well-known brands, including Cath Kidston, Wilko and\u00a0Paperchase\u00a0have all gone into\u00a0administration this year.<\/p>\n

Other chains have survived but have still had to close branches, including\u00a0Sainsbury's\u00a0and\u00a0New Look.<\/p>\n

But it's not all bad news as some chains have been expanding their presence on the high street too, including Next.<\/p>\n

The retailer has opened five new Clearance stores\u00a0this year.<\/p>\n

The outlets are different to normal Next stores in that they feature a selection of outlet products, past season collections and clearance items at discounted prices you can't buy anywhere else.<\/p>\n

Meanwhile, Clarks\u00a0has opened eight branches across the UK this year, including in Taunton, Reigate,\u00a0Manchester\u00a0and\u00a0London.<\/p>\n

Read More on The Sun<\/h2>\n

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Katie Price reveals vile fate of \u00a345,000 bejewelled Peter Andre wedding dress<\/h3>\n

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Facebook users raging as key button stops working and it's 'driving people nuts'<\/h3>\n

In July,\u00a0B&M said it would open several new\u00a0branches within weeks following a string of closures.<\/p>\n

Poundland also has plans to open 75 new stores by Christmas, with many popping up in former Wilko sites.<\/p>\n

You can also join our new Sun Money Facebook group to share stories and tips and engage with the consumer team and other group\u00a0members.<\/strong><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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