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Iceland to Close Margate and Inverness Stores in Strategic Shift

The closures, scheduled for June 21 and July 12, come as the retailer focuses on larger Food Warehouse outlets and adapts to retail sector challenges.

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Overview

  • Iceland has announced the closure of its Margate store on June 21 and its Inverness store on July 12, ending its presence in Inverness city center.
  • Staff at both locations are undergoing consultations and will be offered redeployment opportunities at nearby stores where possible.
  • The closures are part of Iceland's ongoing strategy to shift focus toward larger-format Food Warehouse outlets and invest in distribution capacity.
  • Local shoppers in Inverness and Margate have expressed frustration, citing high street decline and parking issues as contributing factors.
  • The closures reflect broader pressures on the retail sector, with industry forecasts predicting over 17,000 store closures across the UK in 2025.