Supermarket chain to close more stores within days – is one near you shutting for good?

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Epsom Surrey London UK, May 02 2021, Woman Walking Past A Co-op Or Cooperative Retail Supermarket Advertising board Carrying A Shopping Bag

A MAJOR supermarket chain is set to shut more branches within days following a string of closures earlier this year.

Co-op has already shut the doors to almost half a dozen stores earlier this year, but more closures are on the way.

Co-op is to close another branch next week

The supermarket will close its branch in Castle House, Sheffield, on Saturday, with nearby stores in Broad Lane and Glossop Road remaining open.

Meanwhile, the chain’s branch in Mildenhall Road, Bury St Edmunds, Suffolk, is pulling down its shutters for good on August 19.

A spokesperson for the Co-op previously told HOAR it “regularly reviews all of its sites and decisions regarding any store are only taken after careful consideration”.

The chain closed its branch in Princess Drive, Grantham, in January while its store in Linthorpe Village, Middlesbrough closed the same month.

Meanwhile, its shop in Lodge Lane, Bridgnorth, closed in January and its branch in Folkestone Central Train station shut for renovation.

The supermarket in Ombersley Road, Claines, was planned for closure in March this year although a date was not confirmed at the time.

However, in March, Co-op said six new stores would open by the end of the month.

Retailers and the high street have been hit hard in recent years as customers turn their attentions to online shopping.

The trend has been exacerbated by the coronavirus pandemic, which saw households forced to stay at home.

That, combined with higher energy and wage costs for companies, has led to a number of stores closing for good.

On Friday, Iceland announced it is shutting all of its Swift convenience shops.

Argos has recently announced further store closures and plans to shut even more in the next year too.

The retailer has already closed 37 of its UK stores, including all 34 of its Republic of Ireland branches.

High street bakery chain Le Pain Quotidien recently shut nine of its 10 units after crashing into administration.

It’s not just retailers pulling down the shutters on branches either – a number of high street banks are closing units.

This is due to customers progressively turning to online banking and away from using physical branches.

Here is the full list of banks closing branches this summer.

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Did you miss our previous article…
https://hellofaread.com/money/abandoned-mansion-left-to-rot-in-uninhabitable-condition-on-market-for-eye-watering-price-despite-overgrown-garden/