A DIY large which boasts 145 branches nationwide will pull down the shutters on considered one of its shops.
Homebase will completely shut the doorways on its Syon Lane retailer right this moment – prompting a closing-down sale.
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Locals took to Fb to share their ideas on the information.
One person mentioned: “Insane planning growth.”
One other weighed in: “What a disgrace I’ll miss Homebase, all of the employees dropping their jobs.”
A spokesperson for the chain beforehand informed The Solar: “Our retailer in Brentford will shut on April 13.
“Prospects can nonetheless store at our Hanworth retailer (6 miles away), or head to our web site for all the pieces they want for his or her house and backyard tasks.”
Homebase has closed 93 shops because it was taken over by Hilco Capital in 2018.
Hilco purchased the ironmongery shop chain for £1 from Australian agency Wesfarmers, which paid £340million for what has been dubbed one of many “most disastrous takeovers ever seen”.
Previous to the takeover, Homebase had 250 shops at its peak with round 12,000 employees.
Widespread discounter B&M may also shut up store right this moment at its outlet in Abergavenny, Wales.
Nevertheless, it is not all unhealthy for discount hunters as the shop is transferring into the previous Wilko website which is only a stone’s throw away from its present premises.
RETAIL APOCALYPSE
The pandemic was a troublesome blow as many shops needed to shut throughout lockdown.
Since then power prices have risen and extra customers than ever are selecting to order on-line fairly than head into shops.
This has left some remaining retailers grappling with budgets and having no selection however to shut shops to chop prices.
For essentially the most half, supermarkets have braved the storm as they supply important gadgets like food and drinks.
Asda is the one grocery store opening new branches, Lidl is in search of traders to construct 12 supermarkets after opening two new shops final 12 months.
However different retailers haven’t been so fortunate The Physique Store is at present going via administration and introduced plans to shut half of its 198 shops with seven already closed.
Boots revealed it might be closing 300 shops over the subsequent 12 months as a part of plans to evolve its model.
WHSmith informed The Solar it has no plans to open anymore extra excessive avenue shops because it desires to deal with the journey aspect of its enterprise.
Main banks have additionally introduced a number of department closures.
Learn extra on the Scottish Solar
Barclays is to begin pulling the shutters down on 14 websites in England, three in Wales and three in Scotland as quickly as April.
Even charity retailers are struggling Oxfam confirmed it might shut eight of its UK shops final 12 months.
Retailers closing shops in 2024
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RETAILERS have been feeling the squeeze because the pandemic, whereas customers are reducing again on spending because of the hovering value of dwelling disaster.
Excessive power prices and a transfer to purchasing on-line are additionally taking a toll, and lots of excessive avenue retailers have struggled to maintain going.
This is a listing of all of the big-name manufacturers closing shops this 12 months:
Argos – The model introduced plans to shut 100 standalone UK branches final 12 months because it seems to be to maneuver away from the excessive avenue and deal with increasing its presence in supermarkets.
B&Q – The chain has over 300 retailers throughout the UK, so chances are high you may have one close to you, however some shops have closed in current months.
Boots – The well being and wonder chain introduced that it might be closing 300 shops final July. Closures are ongoing and it will see the retailer’s property decreased from 2,200 to 1,900 retailers.
Clintons – Clintons mulled plans to shut 38 retailers in a bid to keep away from insolvency late final 12 months. We have listed the shops affected.
Costa Espresso – The caffeine large has round 2,000 websites nationwide, so chances are high you will have one close to you. The chain has shut the doorways to dozens of its websites lately. We have revealed which shops are as a consequence of shut this 12 months.
Iceland – The grocery store has greater than 900 shops however closed almost two dozen websites in 2023, and extra chosen retailers are as a consequence of shut.
Lidl – The grocery store, which has 950 shops, is altering up store places, which has meant that some shops have to shut. However the retailer can be trying to open 12 new supermarkets.
M&S – M&S, which runs 405 shops throughout the nation, has been closing a string of branches throughout the nation in a blow for customers. It is not all unhealthy information, although, as a result of the chain additionally has huge plans to open dozens of recent retailers as nicely.
Trespass – The agency introduced in July final 12 months that it was closing six branches, however extra are on the way in which.
WHSmith – The retail large, which runs over 1,100 shops, has shuttered eight shops since March 2023, however extra are coming.