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A POPULAR supermarket volition adjacent its doors for the past clip contiguous successful a caller stroke to shoppers.
Farmfoods astatine The Calthorpe Centre connected Calthorpe Street successful Banbury volition adjacent for bully today.
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The Scottish market and frozen nutrient concatenation has much than 300 shops successful the UK.
Rumours astir the closure began to circulate online astatine the commencement of the twelvemonth with speculation that unit could beryllium made redundant.
A spokesperson confirmed the closure past month, adding: “I corroborate our shop astatine the Calthorpe Centre, Banbury volition permanently adjacent connected February 2 pursuing a 50 per cent sale.
"We're grateful to each customers who person shopped with america during our clip trading from the spot and anticipation to unfastened a caller store elsewhere successful the municipality successful future."
Read much connected shops shutting
The institution did not supply immoderate further details astir erstwhile this subdivision whitethorn open.
It is unclear however galore unit person been fto spell oregon wherefore the store is closing.
The news comes conscionable a fewer months aft different Farmfoods store closed its doors for good, leaving loyal shoppers devastated.
The Sutton subdivision of the concatenation closed its doors connected October 4 aft much than a decennary successful the town.
A spokesperson said the closure is owed to the landlord intending to redevelop the onshore the gathering sits on.
They added that the concatenation volition look for suitable opportunities to reopen successful Sutton successful future.
Toys R Us and different brands that are making a comeback
Meanwhile, reports suggest a Farmfoods successful the Brunel Centre, Bletchley, volition adjacent for bully connected February 23.
What different shops are closing?
Stationery concatenation WHSmith volition adjacent its stores successful Bournemouth and Basingstoke this month.
The Basingstoke store closed for bully connected February 1, portion the Winton subdivision successful Bournemouth volition unopen its doors connected February 15.
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.
The British Retail Consortium has predicted that the Treasury's hike to leader NICs from April 2025, volition outgo the retail assemblage £2.3billion.
At the aforesaid time, the minimum wage volition emergence to £12.21 an hr from April, and the minimum wage for radical aged 18-20 volition emergence to £10 an hour, an summation of £1.40.
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.
In immoderate cases, stores person been unopen erstwhile a retailer goes bust, arsenic successful the lawsuit of Carpetright, Debenhams, Dorothy Perkins, Paperchase, Ted Baker, The Body Shop, Topshop and Wilko 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.
The Centre for Retail Research (CRR) has warned that astir 17,350 retail sites are expected to unopen down this year.
The quality comes aft the retailer closed its Boscombe subdivision successful the aforesaid municipality successful June 2024.
WHSmith has shuttered 11 stores since March 2023, including sites successful Somerset, Sale, Manchester and Bicester.
The concatenation is readying to grow its question limb with caller shops successful railway stations, airports and hospitals.
Homesense is besides acceptable to adjacent a store this month.
The Salisbury subdivision volition unopen for bully during the week of February 24.
The homeware institution is portion of TJX International, which owns TK Maxx.
A spokesperson for the store told customers: "We look guardant to welcoming you to TK Maxx Salisbury successful Cross Keys Arcade, wherever you tin proceed to find high-quality, top-brand homeware, fashion, gifts, and children's deterioration astatine astonishing value."
Lidl has reportedly submitted plans to instrumentality implicit the vacant Homesense store.
Meanwhile, H&M-owned manner concatenation Monki volition shutter 7 UK stores this year.
It has already unopen its Newcastle store connected January 2 and its Arndale subdivision connected January 12, 2025.
H&M has said immoderate of the stores could beryllium merged with trendy manner marque Weekday.
The Scandinavian retailer wants to merge the 2 stores to marque a one-stop store that appeals to young shoppers.
Unlock adjacent much award-winning articles arsenic The Sun launches marque caller rank programme - Sun Club.
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