Shoppers in Bolton are expressing disappointment as the Flannels store in Market Place Shopping Centre prepares to close its doors. The store, which opened just a few months ago, will shut down in early 2024, although the exact date has not been confirmed. Frasers Group, the owner of Flannels, expressed regret over the closure and thanked its staff for their hard work. The retailer, known for selling designer apparel, accessories, and footwear, has more than 60 stores across the UK. However, this closure is part of a trend among Frasers Group retailers, including Jack Wills and House of Fraser, as the high street continues to face challenges.
Shoppers devastated by closure
News of the Flannels store closure in Bolton has left shoppers devastated. Many took to social media to express their disappointment, with one shopper saying, "Another shop bites the dust," and another commenting, "Bolton finished." The closure has raised concerns about the town's ability to thrive in the face of ongoing store closures.
Challenges faced by high street retailers
The closure of Flannels in Bolton is just one example of the struggles faced by high street retailers. In recent months, retailers under the Frasers Group name, including Jack Wills and House of Fraser, have also announced store closures. This trend is not unique to Frasers Group, as other retailers such as Boots, Sainsbury's, and New Look have also closed branches. The rise of online shopping and high inflation have contributed to these challenges, with some businesses collapsing into administration and others consolidating their store portfolios.
Despite challenges, some retailers expand
While many retailers are facing difficulties, there are still some success stories on the high street. Next has opened five new Clearance stores this year, offering discounted prices on outlet products and past season collections. Clarks has also expanded its presence with eight new branches across the UK, and B&M and Poundland have plans to open new stores in the coming months.
Overall, the closure of the Flannels store in Bolton highlights the ongoing challenges faced by high street retailers. As consumers continue to shift towards online shopping and economic factors put pressure on household budgets, retailers must adapt to survive in today's competitive digital world.
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