Overview
- Seventy-one sites will receive rent reductions with portions of debt written off as part of the restructuring.
- One hundred twenty-two stores are listed as unaffected, with the retailer still operating over 200 locations and employing about 5,500 people.
- The overhaul follows reported pre-tax losses of £33.2m in 2023 and roughly £64m in 2024 tied to falling footfall and rising costs.
- River Island has published the full list of 33 locations set to close, including Edinburgh’s Princes Street site, which shut in September.
- Consultations with staff and landlords continue, and individual closure dates as well as local job loss figures remain unconfirmed.