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A MAJOR retailer with implicit 750 branches is acceptable to adjacent different store successful conscionable weeks.
Halfords is pulling down the shutters connected its subdivision astatine Liverton Business Park successful Exmouth.
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The store, which has been trading for implicit 17 years, volition adjacent for the last clip connected Friday, October 11.
Shoppers person taken to social media to vent their sadness astir the closure.
One idiosyncratic posted connected Facebook and said: "Well that is simply a shame.
"Always fantabulous work there. I anticipation the employees are fixed a occupation determination else."
Another said: "That's a existent shame. I usage the store regularly."
"There'll beryllium thing near successful Exmouth soon if each these places support closing," said a 3rd shopper.
Once the store closes, shoppers wanting to sojourn Halfords indispensable question to the Exeter store connected Rydon Lane.
A Halfords spokesperson said: "We tin corroborate our Halfords Exmouth store volition beryllium permanently closing connected October 11.
"The store has closed arsenic a effect of the lease coming to an end.
"We are dedicated to supporting everyone affected and are optimistic that we tin supply our colleagues with opportunities astatine alternate locations.
"We'd similar to convey each our customers for their enactment of the Halfords Exmouth store, which has been serving section customers for 17 years, and look guardant to welcoming them astatine our adjacent Halfords Exeter store located wrong a 22-minute drive."
Halfords was founded successful 1892 and it's listed connected the London Stock Exchange.
The Birmingham-founded concatenation has closed a fistful of stores successful caller months - but it inactive has much than 10,000 unit astatine implicit 750 locations crossed the UK.
A subdivision connected Hambledon Road successful Hampshire shut for bully connected August 9.
Halfords also closed its Washington store connected the aforesaid date.
The Winnall store successful the Moorside Road Retail Park ceased trading connected Friday, July 5.
In January, Halfords pulled the shutters down on its subdivision successful The Merry Hill Centre, successful Brierley Hill, Dudley
The retailer besides closed respective branches past year, including those in Cambridge, Lincoln and Gloucestershire.
Some retailers person closed a fewer branches present and determination for assorted reasons, specified arsenic erstwhile a store lease has expired.
Other examples of one-off alternatively than wide closures are if determination are changes successful the area, similar a buying centre closing.
Some chains person faced tougher conditions, forcing them to unopen dozens of stores, oregon each of them successful the worst case.
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.
RETAILERS BUCKING THE TREND
It's not each atrocious news connected the precocious street, arsenic respective retailers are bucking the inclination and opening shops.
German discounter Aldi has announced it volition unfastened 35 caller UK stores this year. The openings signifier portion of Aldi's long-term target of operating 1,500 stores successful the UK.
Asda has been opening hundreds of convenience stores as it looks to rival large players Tesco and Sainsbury's.
Purepay Retail Limited , the genitor institution of Bonmarché, Edinburgh Woollen Mill (EWM) and Peacocks, Purepay Retail Limited, has said it wants to unfastened 100 caller precocious thoroughfare stores implicit the next 18 months.
Home Bargains has said it wants to "eventually person betwixt 800 and 1,000 retail outlets open".
Primark is also opening caller branches and investing and renovating more than a twelve of its existing shops.
Screwfix is acceptable to open 40 caller stores nationwide as its owner, Kingfisher, seeks to grow the DIY brand's nationalist presence.
Tesco has revealed plans to unfastened 70 much stores crossed the UK implicit the adjacent twelvemonth arsenic portion of large enlargement plans.
WHSmith has turned its absorption to the question broadside of its business, with plans to unfastened caller sites in airports, railway stations and hospitals.
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