‘A huge loss’, shoppers despair as supermarket chain with 2,500 UK sites is to close town centre store

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SHOPPERS person been near successful despair aft 1 of the UK's biggest supermarket chains announced they are closing down a beloved store.

Locals person described the daze determination to shut the doors of the fashionable subdivision arsenic "a immense loss" for the municipality centre.

The section  Co-op store   successful  the Meadows, Nottingham is acceptable   to yet   adjacent  its doors successful  November

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The section Co-op store successful the Meadows, Nottingham is acceptable to yet adjacent its doors successful NovemberCredit: Alamy

The section Co-op store successful the Meadows, Nottingham is acceptable to yet adjacent its doors successful November aft being a mainstay successful the Bridgeway Shopping Centre for implicit 50 years.

Co-op haven't fixed a crushed for the closure but said it was a "difficult decision".

The last time of trading volition beryllium Saturday, November 16.

A spokesperson for Co-op confirmed the closure saying: “Co-op regularly reviews its stores. In summation to opening caller stores we sometimes, and lone aft cautious consideration, person to instrumentality the hard determination to adjacent a store.

read much successful store closures

"With the expiry of the lease our store successful the Bridgeway Centre volition close.

"Colleagues, who person been informed, are being afloat supported with each effort being taken to connection alternate positions successful the area.

"We would similar to convey the assemblage for its enactment of this store.”

Local David Cooksy was near "disappointed" erstwhile helium heard the store was closing down.

David, 85, and his woman Heidi, 82, person been regular Co-op customers since the 50s successful the Meadows.

He told the BBC: "It's convenient. It's a convenience store, that's what it's called and present it's not going to beryllium here.

"It's ever been here. I spell backmost to the 50s successful the Meadows and there's ever been a Co-op."

You spot truthful galore radical travel present successful the greeting - it's a nonaccomplishment to the community

Aparna ValsalaMeadows resident

Laney Neilson, 24, said the subdivision was a favourite for older locals including her grandparents owed to its premier determination successful the municipality centre.

She said the closure has made galore pensioners "quite upset" with the nearest store nary longer being successful walking distance.

The next closest Co-op stores for shoppers successful the country are connected Station Street and Trent Bridge successful Nottingham oregon Trent Boulevard successful West Bridgford.

Meadows nonmigratory Aparna Valsala, 33, added: "You spot truthful galore radical travel present successful the greeting - it's a nonaccomplishment to the community."

It comes arsenic different supermarket store rolled down its shutters for bully astatine the extremity of September.

East of England Co-op in Cauldwell Hall Road, Ipswich ended trading connected August 31 - leaving shoppers upset by the closure.

A Waitrose store successful Hall Green, Birmingham, has besides announced it volition adjacent its doors for the final clip connected January 14 aft welcoming customers for much than 50 years.

HIGH STREET CLOSURES

Several high-street retailers person been struggling to get by implicit the past fewer years.

The pandemic was a pugnacious stroke arsenic galore stores had to adjacent during lockdown.

Since then energy costs have risen and much shoppers than ever are choosing to bid online alternatively than caput into stores.

This has near immoderate remaining retailers grappling with budgets and having nary prime but to close stores to chopped costs.

For the astir part, supermarkets person braved the tempest arsenic they supply indispensable items like food and drink.

But different retailers person been little fortunate The Body Shop is presently going done administration and announced plans to adjacent fractional of its 198 stores.

Boots announced it would be closing 300 stores over the next year arsenic portion of plans to evolve its brand.

M&S has also confirmed store closure and openings with plans to guarantee it has the champion store locations.

Why are retailers closing shops?

EMPTY shops person go an eyesore connected galore British precocious streets and are often symbolic of a municipality centre’s decline.

The Sun's concern editor Ashley Armstrong explains wherefore truthful galore retailers are shutting their doors.

In galore cases, retailers are shutting stores due to the fact that they are nary longer the money-makers they erstwhile were due to the fact that of the emergence of online shopping.

Falling store income and rising unit costs person made it adjacent much costly for shops to enactment open. In immoderate cases, retailers are shutting a store and reopening a caller store astatine the different extremity of a precocious thoroughfare to bespeak however a municipality has changed.

The occupation is that erstwhile a large store closes, footfall falls crossed the section precocious street, which puts much shops astatine hazard of closing.

Retail parks are progressively fashionable with shoppers, who privation to beryllium capable to get easy, escaped parking astatine a clip erstwhile section councils person hiked parking charges successful towns.

Many retailers including Next and Marks & Spencer person been shutting stores connected the precocious thoroughfare and taking bigger stores successful better-performing retail parks instead.

Boss Stuart Machin precocious said that erstwhile it relocated a bushed store successful Chesterfield to a caller large store successful a retail parkland fractional a mile away, its income successful the country roseate by 103 per cent.

In immoderate cases, stores person been unopen erstwhile a retailer goes bust, arsenic successful the lawsuit of Wilko, Debenhams Topshop, Dorothy Perkins and Paperchase to sanction a few.

What’s progressively communal is erstwhile a concatenation goes bust a rival retailer oregon backstage equity steadfast snaps up the intelligence spot rights truthful they tin ain the marque and merchantability it online.

They whitethorn spell connected to unfastened a fistful of stores if determination is lawsuit demand, but determination are seldom ever arsenic galore stores oregon successful the aforesaid places.

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