Excessive avenue manufacturers are getting ready to shut down shops this week as they proceed to be clobbered by the cost-of-living crunch.
Whereas retailers have felt the pinch for the reason that pandemic, customers are chopping again on their spending attributable to rising inflation.
In the meantime, rocketing vitality prices and a shift to on-line procuring are additionally taking their toll, inflicting many excessive avenue retailers to battle.
Names affected embrace M&Co, HSBC, M&S and Halifax. So are any excessive avenue chain shops or financial institution branches closing close to you? Scroll down extra to search out out…
Excessive avenue manufacturers are getting ready to shut down shops this week as they proceed to be clobbered by the cost-of-living crunch
M&Co
This week, M&Co will likely be closing 38 of its shops for good, in response to The Solar.
The chain will likely be completely shutting the doorways to all 170 of its places this yr.
This week’s record, confirmed on every retailer’s Fb web page, is as follows:
- Alnwick – April 22
- Alexandria – April 18
- Alton – April 18
- Attleborough – April 18
- Bexhill – April 20
- Billericay – April 18
- Blandford Discussion board – April 22
- Brighouse – April 20
- Citadel Douglas – April 20
- Chesham – April 22
- Christchurch – April 20
- Cleveleys – April 22
- Dunoon – April 18
- East Grinstead – April 22
- Elgin – April 20
- Exmouth – April 20
- Garstang – April 20
- Glenrothes – April 20
- Guisborough – April 18
- Haddington – April 22
- Helensburgh – April 20
- Henley on Thames – April 20
- Hitchin – April 23
- Inverurie – April 22
- Kirkintilloch – April 22
- Largs – April 22
- Milngavie – April 20
- Montrose – April 18
- Northallerton – April 22
- Oswestry – April 22
- Portishead – April 22
- Rickmansworth – April 21
- Romsey – April 18
- Saffron Walden – April 22
- St Neots – April 20
- Stroud – April 22
- Warminster – April 20
- Wokingham – April 23
M&Co will likely be closing 38 of its shops for good this week, it has been confirmed
The chain will likely be completely shutting the doorways to all 170 of its places this yr
M&S
Marks & Spencer will shut one other considered one of its branches this week.
Its retailer in Castleford, West Yorkshire, is shutting on Saturday.
The chain has already closed a number of branches, together with in London.
It comes as the corporate revealed it plans to close 67 of its shops over the following 5 years.
Marks and Spencer will shut one other considered one of its branches this week. Its retailer in Castleford, West Yorkshire, is closing on Saturday
New Look
Trend chain New Look may also shut the doorways to considered one of its branches this week.
It comes after a line of closures earlier this yr, which noticed shops in Birmingham and Coventry shut completely.
Now it has confirmed that its department in Cheshunt, Hertfordshire, will not function from Wednesday.
New Look has confirmed that its department in Cheshunt will shut on Wednesday
Banks
There are 332 deliberate closures amongst banks for 2023, in response to knowledge from UK money machine community LINK.
The record is as follows:
Barclays
- Bishop Auckland – April 21
- Keswick – April 21
- Leeds, Moortown – April 21
- London, Inexperienced Road – April 20
- London, Tower Bridge Street – April 19
- Milton Keynes – April 18
- Shenfield – April 19
- Warley – April 21
Barclays will shut eight of its shops this week, its has been confirmed
HSBC
- Abergavenny – April 18
- Bexhill-On-Sea – April 18
- Blandford Discussion board – April 18
- Cromer – April 1
- St Austell – April 18
- St Ives – April 18
HSBC will shut six of its chains this week, together with in Abergavenny and Cromer
Halifax
- Bangor – April 17
- Chester Le Road – April 19
- London (EC3M) – April 19
Lloyds
- Beckenham – April 20
- Norbury – April 19
- Pontefract – April 20
Nationwide
- Gloucestershire (Kingswood) – April 20
Lloyds will shut the doorways to a few of its branches this week, together with in Beckenham
Nationwide is closing considered one of its branches, in Gloucestershire
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