Clothing and lifestyle shop shuts Bournemouth branch suddenly
FatFace, on Old Christchurch Road, has closed its doors.
It comes as a shock to locals and shoppers, who go to enter the popular shop to find the doors locked and notices posted on the door announcing its closure.
READ MORE:
The signs read: "Thank you for shopping in our Bournemouth store.
"This store is now closed. Find us at FatFace.com".
A QR code also takes smartphone users to its website but offers no additional detail of the closure.
(Image: Newsquest) A chalkboard put inside the shop, blocking the doors, says "thank you for shopping with us!" and features drawings and hearts. Products are still on the shelves and hung on stands inside but it is understood it will not be reopening.
The closure comes after the business announced it would be shutting its Peterborough branch on June 15, just fewer than two years after FatFace was bought by Next.
The announcement for the Peterborough branch was made a few weeks prior to its final day.
FatFace has been contacted for more information.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News24
22 minutes ago
- News24
Rachel Kolisi on finding her independence in a Corsa, and what she sings in her new car
Rachel Kolisi tells News24 Motoring about mom life in her new set of wheels. Be among those who shape the future with knowledge. Uncover exclusive stories that captivate your mind and heart with our FREE 14-day subscription trial. Dive into a world of inspiration, learning, and empowerment. You can only trial once. Show Comments ()
Yahoo
an hour ago
- Yahoo
Suzy Monford steps down as CEO of Heritage Grocers Group
You can find original article here Supermarketnews. Subscribe to our free daily Supermarketnews newsletter. Hispanic grocer Heritage Grocers Group announced Thursday that after eight months in the role, Suzy Monford is stepping down from her position as CEO and chairperson. Industry veteran David Hirz, who most recently served as president and CEO of Smart & Final, was named chairman of the board, and a group of senior leaders at the company will take over CEO duties while Heritage searches for a replacement. Hirz has served on the board for the last year, Heritage said. 'These changes will support the company's core mission of serving its communities, long-term growth and continued operational excellence,' the company said in a press release. 'Suzy Monford has stepped down from her role as Chairperson and Chief Executive Officer to pursue other opportunities.' The new CEO executive team includes: Prabash Coswatte, chief operating officer Leticia Espinoza, chief administrative officer and general counsel Matthew Holt, chief financial officer Frank Ingraffia, chief transformation officer and chief executive officer of Tony's Fresh Market 'Throughout my time on Heritage's Board, I have seen firsthand the strength of Heritage's value proposition and customer loyalty across our banners,' Hirz said in a press release. 'We have a unique ability to serve communities with authenticity — and we're committed to carrying that forward. The Heritage Board thanks Suzy for her contributions during her time with the company. I look forward to supporting our team members and the outstanding leaders in the office of the CEO who will help guide Heritage forward while we search for the right leader who shares our passion for customer service and community for the long-term.' Ontario, Calif.-based Heritage Grocers Group operates 115 stores across California, Texas, Nevada, Arizona, Kansas, and Illinois under the banners Cardenas Markets (58), El Rancho Supermercado (29), Tony's Fresh Market (21), and Los Altos Ranch Market (7). Prior to joining Heritage in late November, Monford served as CEO of the global retail consulting firm, Food Sport International. Prior to her time in that role, she spent less than a year at PCC Community Markets and a little over a year at Kroger, serving as VP of Fresh and later as group VP of Ecommerce New Markets. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Is Opendoor Stock a Buy, Sell, or Hold in July 2025?
Opendoor (OPEN) has become the latest meme stock phenomenon, surging 350% in the past month and 100% since hedge fund manager Eric Jackson began promoting it on social media as a potential '100-bagger.' The stock rocketed from $0.50 to highs above $4.90 before falling to the $2.40 level. This explosive rally appears to be driven primarily by retail speculation and social media hype, rather than by fundamental improvements. High short interest at 20.7% of its float has created a classic short squeeze scenario, amplified by social media momentum and Jackson's bullish calls, which cite expense optimization efforts. More News from Barchart Billionaire Peter Thiel is Betting Big on Stablecoins. Should You Buy the "MicroStrategy of Ethereum," Too? This Former AI Underdog Might Be the Next Nvidia 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! However, OPEN stock remains more than 90% below its 2021 peak of $39.24, reflecting underlying business challenges in the capital-intensive iBuying model. No meaningful catalysts for news or operational improvements have justified the parabolic move. While Jackson points to profitability optimization, Opendoor still faces structural headwinds from higher interest rates, reduced housing turnover, and persistent cash burn. The current rally exhibits classic characteristics of meme stocks: massive volatility, retail-driven momentum, and a disconnection from fundamentals. Is Opendoor Stock a Good Buy Right Now? Opendoor Technologies delivered mixed first-quarter results, demonstrating operational progress despite ongoing challenges in the housing market. The iBuying platform reported $1.2 billion in revenue, roughly flat year-over-year, while making strides toward profitability through aggressive cost reduction and strategic pivots. Opendoor's adjusted EBITDA loss narrowed dramatically to $30 million from $50 million in the prior year, primarily driven by a 33% reduction in fixed operating expenses. Opendoor cut $19 million in costs year-over-year while maintaining contribution margins of 4.7%. Management projects positive quarterly adjusted EBITDA of $10 million to $20 million for Q2, marking the first profitable quarter in three years. CEO Carrie Wheeler outlined an ambitious expansion of Opendoor's agent partnership model, flipping from agents bringing customers to Opendoor to the company referring high-intent sellers to vetted agent partners. This channel strategy aims to improve conversion rates while generating asset-light revenue through commission sharing on listings. The pilot program operates across 11 markets, with agents conducting in-home assessments and providing local expertise to enhance the customer experience. Opendoor is maintaining pricing discipline with higher spreads while reducing acquisition volumes. It expects to purchase approximately 1,700 homes in Q2, down from 3,609 in Q1, following a more seasonal approach that concentrates activity in Q1 and Q4. Opendoor ended the quarter with $1 billion in total capital and successfully renewed multiple credit facilities, demonstrating continued lender confidence. The company holds 7,080 homes worth $2.4 billion in net inventory. While management expects contribution margin improvements in the second half of 2025, revenue is projected to decline year-over-year in Q3 and Q4 due to reduced acquisition volumes. The strategy prioritizes margin protection and cost discipline over growth until market conditions improve. Opendoor's focus on operational efficiency and strategic pivots positions it for sustained profitability, though execution remains critical in an uncertain housing environment. What Is the Target Price for Opendoor stock? Analysts expect Opendoor to increase revenue from $5.15 billion in 2024 to $9 billion in 2029. Wall Street estimates its free cash flow to improve to $180 million in 2029, compared to an outflow of $620 million last year. If OPEN stock trades at 15x forward FCF, it could gain close to 70% over the next four years. Of the 10 analysts covering OPEN stock, one recommends 'Strong Buy,' seven recommend 'Hold,' one recommends 'Moderate Sell,' and one recommends 'Strong Sell.' The average OPEN stock price target is $1.14, more than 50% below the current price. The ongoing rally in Opendoor stock appears to be a speculative bubble driven by social media promotion rather than genuine business improvement. The extreme volatility and lack of fundamental catalysts suggest significant downside risk when the momentum inevitably reverses. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data