SEVERAL major shops and chains are closing dozens of branches before the end of the year.

Some stores will be replaced with brand new shops while others will disappear from the high street forever.

Boots is closing eight stores, many of which provide community pharmacy services, before the end of 2023.

Budget supermarket Iceland is closing stores in two locations and Tesco is closing one of its popular Express stores.

DIY chain Homebase is closing two stores in November and a third in December.

B&M, Byron Burger, Cineworld, Farmfoods, M&S, Sports Direct and WHSmith are also closing a handful of stores before the end of the year.

The cost of living crisis, stubbornly high inflation and energy costs are taking their toll on retailers.

Shoppers have been cutting back spending, while the cost of actually running a store has also increased, meaning some outlets have struggled to keep going.

Figures from the British Retail Consortium (BRC) this summer found the UK had lost 6,000 stores over a five-year period.

Several major brands have also collapsed and closed stores for good.

Continue reading:

[ Ссылка ]

The Sun newspaper brings you the latest breaking news videos and explainers from the UK and around the world

Become a Sun Subscriber and hit the bell to be the first to know

Read The Sun: [ Ссылка ]
Like The Sun on Facebook: [ Ссылка ]
Follow The Sun on Twitter: [ Ссылка ]
Subscribe to The Sun on Snapchat: [ Ссылка ]

свернуть