Bargain high street shop to close more than half a dozen branches – is one near you?
A BARGAIN high street shop will be closing more than half a dozen branches.
Charity shop Oxfam is shutting the doors of eight of its stores across the UK.
The retailer raises money to help fight poverty in poor countries across the globe.
Oxfam currently has 548 shops open throughout the UK but will be pulling the plug on eight of those over the next few months – though the Alfreton store confirmed on Facebook that its final day is June 22.
The locations where branches will be closing are:
- Alfreton
- Temple Fortune
- Worthing
- Kentish Town
- Arnold
- Grimsby
- Leigh
- Lee-on-the-Solent
A few of the Oxfam stores have already begun closing down sales including the Alfreton branch.
Disappointed customers commented on the post with one writing: “Sorry to hear you’re closing down.”
Rachel Cosgrove-Pearce, head of retail operations at Oxfam said: “Oxfam shops exist to raise as much money as possible to overcome poverty and suffering in some of the poorest countries in the world.
“We constantly evaluate the profitability of all our shops to ensure they are efficient and making the most money for Oxfam’s vital work.
“Sometimes this leads to difficult decisions about the viability of particular shops. These decisions are never taken lightly and we always take into the account the impact on our staff and volunteers.”
The impending closures come after a whole host of other retailers revealed they would be shutting their doors in June alone.
Some stores will be replaced with brand new shops while others will leave the high street forever.
Argos is closing all remaining Irish stores this month and another two standalone UK branches later this summer whilst expanding its presence in Sainsbury’s supermarkets.
Iceland is closing another one of its supermarkets in this month.
Lloyds Pharmacy and Poundstretcher are also shutting shops but opening new stores in the coming months.
Retailers have been feeling the pinch since the pandemic while shoppers are cutting back on spending due to soaring inflation.
High energy costs and a shift to shopping online after the pandemic are also taking a toll and many high street shops have struggled to keep going.