Overview
- Poundland has outlined its August timetable, closing 10 shops on August 10, 15 on August 17, 12 on August 24 and 12 more on August 31 as part of a plan to shutter 68 stores by mid-October.
- Apple’s Bristol Cabot Circus store closed on August 9 after 15 years in operation, marking the tech giant’s latest retreat from UK high streets.
- Superdrug shuttered its Grantham outlet on August 9 and will close its Redruth branch on August 16 as it consolidates its network.
- River Island has proposed shutting 33 outlets and negotiating lower rents for 71 more under a rescue plan awaiting High Court approval.
- The Centre for Retail Research forecasts about 17,350 UK store closures and up to 202,000 job losses in 2025, underscoring a widespread crisis in brick-and-mortar retail.