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Huge outdoor clothing chain with over 200 locations pulls down shutters on store for good --[Reported by Umva mag]

A HUGE outdoor clothing chain has closed down has closed down one of its stores, leaving shoppers devastated. The move is part of a series of half a dozen similar closures within the franchise announced last summer. GettyTrespass is closing down its branch in Norwich[/caption] Trespass confirmed back in July 2023 that six of its UK outlets would shut down in the near future. A year later, the branch in Norwich’s Chantry Palace shopping centre was revealed to be one of them, with “closing down” signs popping up in the windows. The date of the closure was not given at the time, but local media has reported that the shutters came down for the final time on September 13. Customers took to social media to share their sadness at the end of the store. One wrote: “The days of high street shopping are over unless you are a coffee shop, restaurant or some large store with a good national reputation.” Retailers closing stores in 2024 RETAILERS have been hit by soaring inflation and a downturn in spending due to the cost of living crisis. High energy costs and a move to shopping online are also taking their toll. Some high street shops have closed due to businesses opening up in different locations such as larger retail parks. Shops may also close due to a number of other reasons, such as rising rents. We explain which retailers are closing in 2024: Argos – The brand announced plans to close 100 standalone UK branches last year as it looks to move away from the high street and focus on expanding its presence in supermarkets. B&Q – The chain has over 300 shops across the UK, with two stores closing this year due to leases not being renewed. It has plans to open more in 2024 too. Boots – The health and beauty chain announced that it would be closing 300 stores last July. Closures are ongoing and this will see the retailer’s estate reduced from 2,200 to 1,900 shops. Clintons – Clintons mulled plans to close 38 shops in a bid to avoid insolvency late last year. We’ve listed the stores affected. Costa Coffee – The caffeine giant has around 2,000 sites nationwide, so chances are you’ll have one near you. The chain has shut the doors to dozens of its sites recently. We’ve revealed which stores are due to close this year. Iceland – The supermarket has more than 900 stores but closed nearly two dozen sites in 2023, and more selected shops are due to shut. Lidl – The supermarket, which has 950 stores, is changing up shop locations, which has meant that some stores have to close. But the retailer is also looking to open 12 new supermarkets. M&S – M&S, which runs 405 stores across the country, has been closing a string of branches across the country in a blow for shoppers. It’s not all bad news, though, because the chain also has big plans to open dozens of new shops. Trespass – The firm announced in July last year that it was closing six branches, but more are on the way. WHSmith – The retail giant, which runs over 1,100 stores, has shut eight stores since March 2023, but more are coming. However, all is not lost for the shop, as bosses announced it would move to a new location for the brand to maintain a presence in the city. The new location will be in the Castle Quarter, with an opening date to be confirmed. As for the now-vacant unit in Chantry Place, general manager Paul McCarthy said: “Trespass is leaving the centre and we are in talks with other retailers about the space. “Just last week we welcomed Pop Specs to the centre and Ben & Jerry’s will be opening very soon too.” The new tenant for the site has not yet been confirmed. What is happening to the high street? The Trespass news comes amid a wave of store closures across the UK. Retailers are being squeezed by spiralling rents and mortgage rates as well as spikes in running costs. That, combined with the rapid march towards online shopping as the dominant model in the sector, is leaving physical stores on the brink. Since the start of last year alone high street favourites like Wilko, Paperchase and Ted Baker have all called in the administrators. Elsewhere, Boots has announced plans to slash its branch numbers by 300. But there are still some rays of sunshine in the market, with budget supermarkets Aldi and Lidl eyeing up hundreds of new stores between them. Retailers opening stores IT'S not all bad news on the high street as several retailers are bucking the trend and opening shops. German discounter Aldi has announced it will open 35 new UK stores this year. The openings form part of Aldi‘s long-term target of operating 1,500 stores in the UK. Asda has been opening hundreds of convenience stores as it looks to rival major players Tesco and Sainsbury’s. Purepay Re

Sep 23, 2024 - 13:37

Huge outdoor clothing chain with over 200 locations pulls down shutters on store for good --[Reported by Umva mag]

A HUGE outdoor clothing chain has closed down has closed down one of its stores, leaving shoppers devastated.

The move is part of a series of half a dozen similar closures within the franchise announced last summer.

Trespass is closing down its branch in Norwich[/caption]

Trespass confirmed back in July 2023 that six of its UK outlets would shut down in the near future.

A year later, the branch in Norwich’s Chantry Palace shopping centre was revealed to be one of them, with “closing down” signs popping up in the windows.

The date of the closure was not given at the time, but local media has reported that the shutters came down for the final time on September 13.

Customers took to social media to share their sadness at the end of the store.

One wrote: “The days of high street shopping are over unless you are a coffee shop, restaurant or some large store with a good national reputation.”

Retailers closing stores in 2024

RETAILERS have been hit by soaring inflation and a downturn in spending due to the cost of living crisis.

High energy costs and a move to shopping online are also taking their toll.

Some high street shops have closed due to businesses opening up in different locations such as larger retail parks.

Shops may also close due to a number of other reasons, such as rising rents.

We explain which retailers are closing in 2024:

Argos – The brand announced plans to close 100 standalone UK branches last year as it looks to move away from the high street and focus on expanding its presence in supermarkets.
B&Q – The chain has over 300 shops across the UK, with two stores closing this year due to leases not being renewed. It has plans to open more in 2024 too.
Boots – The health and beauty chain announced that it would be closing 300 stores last July. Closures are ongoing and this will see the retailer’s estate reduced from 2,200 to 1,900 shops.
Clintons – Clintons mulled plans to close 38 shops in a bid to avoid insolvency late last year. We’ve listed the stores affected.
Costa Coffee – The caffeine giant has around 2,000 sites nationwide, so chances are you’ll have one near you. The chain has shut the doors to dozens of its sites recently. We’ve revealed which stores are due to close this year.
Iceland – The supermarket has more than 900 stores but closed nearly two dozen sites in 2023, and more selected shops are due to shut.
Lidl – The supermarket, which has 950 stores, is changing up shop locations, which has meant that some stores have to close. But the retailer is also looking to open 12 new supermarkets.
M&S – M&S, which runs 405 stores across the country, has been closing a string of branches across the country in a blow for shoppers. It’s not all bad news, though, because the chain also has big plans to open dozens of new shops.
Trespass – The firm announced in July last year that it was closing six branches, but more are on the way.
WHSmith – The retail giant, which runs over 1,100 stores, has shut eight stores since March 2023, but more are coming.

However, all is not lost for the shop, as bosses announced it would move to a new location for the brand to maintain a presence in the city.

The new location will be in the Castle Quarter, with an opening date to be confirmed.

As for the now-vacant unit in Chantry Place, general manager Paul McCarthy said: “Trespass is leaving the centre and we are in talks with other retailers about the space.

“Just last week we welcomed Pop Specs to the centre and Ben & Jerry’s will be opening very soon too.”

The new tenant for the site has not yet been confirmed.

What is happening to the high street?

The Trespass news comes amid a wave of store closures across the UK.

Retailers are being squeezed by spiralling rents and mortgage rates as well as spikes in running costs.

That, combined with the rapid march towards online shopping as the dominant model in the sector, is leaving physical stores on the brink.

Since the start of last year alone high street favourites like Wilko, Paperchase and Ted Baker have all called in the administrators.

Elsewhere, Boots has announced plans to slash its branch numbers by 300.

But there are still some rays of sunshine in the market, with budget supermarkets Aldi and Lidl eyeing up hundreds of new stores between them.

Retailers opening stores

IT'S not all bad news on the high street as several retailers are bucking the trend and opening shops.

German discounter Aldi has announced it will open 35 new UK stores this year. The openings form part of Aldi‘s long-term target of operating 1,500 stores in the UK.
Asda has been opening hundreds of convenience stores as it looks to rival major players Tesco and Sainsbury’s.
Purepay Retail Limited , the parent company of Bonmarché, Edinburgh Woollen Mill (EWM) and Peacocks, Purepay Retail Limited, has said it wants to open 100 new high street stores over the next 18 months.
Home Bargains has said it wants to “eventually have between 800 and 1,000 retail outlets open”.
Primark is also opening new branches and investing and renovating more than a dozen of its existing shops.
Screwfix is set to open 40 new stores nationwide as its owner, Kingfisher, seeks to expand the DIY brand’s national presence.
Tesco has revealed plans to open 70 more stores across the UK over the next year as part of major expansion plans.
WHSmith has turned its focus to the travel side of its business, with plans to open new sites in airports, railway stations and hospitals.

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