Overview
- Roughly 33 UK stores are being shut this month as the retailer executes its approved restructuring, with closure notices now posted at multiple sites.
- Lisburn’s Bow Street branch will close on January 18 with a closing‑down sale, Cheltenham’s High Street store shuts on January 23, and Gloucester’s Kings Walk outlet is due to close by the end of January.
- Further January closures have been reported, with the first wave on January 18 in Aylesbury, Brighton, Burton‑Upon‑Trent, Surrey Quays, Sutton Coldfield and Wrexham, followed by additional dates later in the month.
- The High Court approved the rescue plan in August 2025 after creditor engagement, and the company says its Irish outlets are not affected.
- Lease costs are being reset at 71 sites with steep temporary reductions and some zero‑rent arrangements as River Island responds to falling customer numbers, a 15% turnover slump to £578.1m and a £32.3m pre‑tax loss.