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Hobbycraft Confirms Nine More Store Closures in Latest Restructuring Phase

The arts and crafts retailer says the latest shutdowns and rent renegotiations aim to secure a core network of 99 outlets and around 1,800 jobs

Overview

  • Three stores in Bromborough, Stratford-upon-Avon and Southport closed between August 4 and 7, with six additional branches in Wigan, Maidenhead, Chichester, Stafford, King’s Lynn and Crayford slated to shut in early September.
  • Affected locations have launched closing-down sales offering discounts of up to 20% as managers clear remaining stock.
  • This wave of nine closures follows an earlier June–July round under Hobbycraft’s company voluntary arrangement when nine loss-making outlets were cut.
  • Owner Modella Capital says the restructuring will protect at least 99 stores nationwide and preserve roughly 1,800 jobs, though up to 126 roles may still be impacted in this phase.
  • Hobbycraft executives are negotiating new rent terms for other sites and keeping additional locations under review, leaving further changes possible.