Latest news with #Monki
Scottish Sun
2 days ago
- Business
- Scottish Sun
Full list of nine chains closing shops on the high street in August – is your local at risk?
Scroll down to find out if your favourite retailer is axing sites RETAIL WOES Full list of nine chains closing shops on the high street in August – is your local at risk? Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) THIS August, the UK high street faces another wave of store closures, hitting shoppers and communities hard. From well-known budget favourites like Poundland to popular fashion brands such as New Look and Monki, a raft of familiar names are set to disappear. Sign up for Scottish Sun newsletter Sign up 1 MF5TDJ store closing sign in front shop window closing down sale England UK Credit: Alamy The cost of running shops, from soaring energy bills to higher National Insurance, is pushing retailers to cut back. At the same time, more shoppers are going online, and with the cost-of-living crisis biting, people have less cash to spend. The result? Shops are closing, and high streets are starting to suffer. If you want to know which stores are shutting soon, we've got the full list right here. Apple Apple will close its two-floor Bristol city centre store in Cabot Circus on August 9, 2025 after 15 years. The closure comes as part of a redevelopment plan for Cabot Circus, which will replace the store with new flexible workspaces and public areas. GAME GAME is closing several UK stores this summer as part of a wider restructuring by parent company Frasers Group. Upcoming closures include Festival Place in Basingstoke on August 10, Southend High Street later in August, and Chatham in September. The Nottingham Victoria Centre store closed in July. Stores are running 20% off clearance sales ahead of closure. BrewDog to close TEN pubs across UK as staff set to be axed Hobbycraft As part of a major restructuring, arts and crafts retailer Hobbycraft will close three stores in early August 2025. The affected locations are Bromborough, Southport, and Stratford Upon Avon. The closures follow a strategic review aimed at reshaping the business. Monki Monki, owned by H&M, is closing its Glasgow store in Buchanan Galleries in August. The retailer has already shuttered branches in Manchester, Birmingham, Newcastle, Sheffield, and London earlier this year. The online store has also closed, with the brand being integrated into H&M's Weekday line. One remaining Monki store in Bristol remains open but will either close later this year or be transformed into a new concept. New Look New Look is continuing its wave of store closures, with a branch in Neath, Wales, set to close imminently on August 6, 2025. This follows a string of 11 closures already this year, including sites in Hamilton, Birmingham, Corby, Devizes, and others across England, Scotland, and Wales. The high street stalwart has warned that nearly 100 of its 364 UK stores could be at risk when leases expire, amid ongoing cost pressures such as the National Insurance hikes earlier this year. The retailer recently secured £30million in fresh equity investment to bolster its online operations and completed a £100million refinancing deal in 2023. Last year, New Look reported sales of £769million. Poundland Poundland is closing 26 stores in August 2025 as part of a wider restructuring plan following its £1 sale to Gordon Brothers earlier this year. Closing August 1: Newquay Closing 10 August: Ammanford Birmingham Fort Cardiff Valegate Cramlington Leicester Long Eaton Port Glasgow Seaham Shrewsbury Tunbridge Wells Closing August 17: Bedford Bidston Moss Broxburn Craigavon Dartmouth East Dulwich Falmouth Hull St Andrews Newtonabbey Perth Poole Sunderland Stafford Thornaby Worcester In addition, the Whiteley store in Fareham closed unexpectedly on July 21 2025, outside the announced closures. Whitby will close on September 3. Poundland is trimming its estate from nearly 800 stores to between 650 and 700 locations. The company is removing frozen foods, ending online sales, and expanding womenswear and seasonal lines. Managing director Barry Williams called the closures regrettable but necessary to secure thousands of jobs and hundreds of stores. River Island River Island is facing serious financial trouble and could run out of money by August 2025 if creditors and landlords do not approve a rescue plan. The chain plans to close 33 stores and seek rent reductions on another 71 to cut costs. Approval from 75% of creditors is needed to unlock an emergency loan from the founding Lewis family. Despite these challenges, River Island stores and its online site remain open as usual. The retailer reported a £33.2million pre-tax loss for 2023, with sales falling 19% in the following year. Several stores have already closed this year, including locations in Corby, Banbury, and Chesterfield. Superdrug Superdrug is set to close two more stores this summer, adding to a string of recent closures. The Grantham branch in Lincolnshire will shut on August 9, followed by the Redruth store in Cornwall closing on August 16. These latest closures follow the shutdown of its Bournemouth store earlier this year. The Original Factory Shop (TOFS) The Original Factory Shop, with 178 stores, continues to close locations amid restructuring. The Caldicot branch in Wales and Kirkham in Lancashire are set to close soon, while the closure date for Blairgowrie in Scotland is still unknown. Since June, TOFS has closed several stores across the UK and launched significant closing down sales. The retailer is undergoing a Company Voluntary Arrangement (CVA) process to renegotiate rents and close loss-making outlets as part of efforts to stabilise the business.
Scottish Sun
22-07-2025
- Business
- Scottish Sun
Fashion chain owned by H&M launches huge closing down sale at Scots store as it's set to close IN DAYS
SHUT UP SHOP Fashion chain owned by H&M launches huge closing down sale at Scots store as it's set to close IN DAYS Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A MAJOR fashion retailer owned by H&M is set to close one of its Scottish branches - leaving shoppers gutted. Bosses at Monki announced in December last year that all stores across the UK would shut in the near future. Sign up for Scottish Sun newsletter Sign up 2 Monki is set to close a branch in Glasgow in days 2 The fashion retailer is owned by H&M Credit: Getty And now a branch in a busy Glasgow shopping centre is set to close its doors in days. Signs have appeared on the windows of the store in Buchanan Galleries, in the heart of the city centre. They revealed that the shop will be pulling down the shutters for the final time in August. The retailer is a favourite on the high street due to its trendy clothing and accessories. And bosses have revealed that they have launched a massive closing-down sale before it shuts for good. The red and white signage reads: "Closing sale. This store is closing in August. Closing sale. This store is closing in August. Thanks for all the love and support. Closing signs on Monki shop in Buchanan Galleries "Thanks for all the love and support. "You can still shop Monki online - explore more at The closure comes seven months after the brand's owner announced plans to either shut down stores or merge them with another one of its fashion brands, Weekday. At the time, retail giant H&M said it wanted to combine the two to create a one-stop shop that "caters to customers' high aesthetic standards". Major card chain with 163 shops launches closing down sales ahead of shutting its doors for good However, bosses at H&M had not confirmed when it would pull the shutters on the Monki sites. They also did not announce which ones have been saved for integration. The brand had a total of seven stores in the UK. These were: London - 37 Carnaby St, Soho, W1F 7DT - 37 Carnaby St, Soho, W1F 7DT Bristol - Cabot Circus, Concorde St, BS1 3BX - Cabot Circus, Concorde St, BS1 3BX Birmingham - High Street, 41-43 High Street, B4 7SL - High Street, 41-43 High Street, B4 7SL Sheffield - 108 Pinstone Street, S1 2HQ Sheffield - 108 Pinstone Street, S1 2HQ Sheffield Manchester - Arndale Centre Unit L31 & L32, Arndale Shopping Centre, M4 3AQ Manchester - Arndale Centre Unit L31 & L32, Arndale Shopping Centre, M4 3AQ Manchester Newcastle - St Andrews Way, Eldon Square, NE1 7XD Newcastle - St Andrews Way, Eldon Square, NE1 7XD Newcastle Glasgow - Buchanan Galleries, Buchanan St, G1 2FF Glasgow Meanwhile, Weekday had five locations in the UK, all of which were located in London. Shoppers have been left gutted by the news, and many have flocked to social media to share their disappointment. One person said: "Oh no, this is a good shop and has nice clothes". Another added: "There will be no shops left at this rate!" Someone else wrote: "That's a shame". While a fourth chimed in: "It's sad the store is closing".
Scottish Sun
22-07-2025
- Business
- Scottish Sun
Trendy fashion chain launches huge closing down sale ahead of disappearing forever – full list of closures
Plus, we reveal more popular stores closing down OUT OF FASHION Trendy fashion chain launches huge closing down sale ahead of disappearing forever – full list of closures Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A TRENDY clothing chain has launched a huge closing-down sale ahead of disappearing from the high street forever. Monki, which is owned by H&M, is preparing to shutter its branch in Glasgow's Buchanan Galleries shopping centre. Sign up for Scottish Sun newsletter Sign up 1 Monki is closing down its branch in a busy Glasgow shopping centre A huge closing down sale has been launched ahead of its closure in August, according to the Glasgow Times. It means shoppers have a chance to grab some last minute deals before it closes for good. The Sun has contacted H&M for comment. The store, which first opened in 2017, will close as H&M continues with its plans to integrate the brand with another one of its fashion lines, Weekday. It comes just weeks after the popular clothing brand shuttered it's branch on Carnaby Street in London. News of the closure came as a blow to shoppers, who in the past described it as their "favourite store" in the world. While another fan said the clothes were "amazing quality" and "look so good". H&M already boarded up Monki branches across Manchester, Birmingham, Newcastle and Sheffield earlier this year. One remaining store continues to trade in Bristol and will either close later this year or be transformed into a new concept store. Monki's online store has also closed down with the brand now only available to shop through the revamped Weekday website. Major card chain with 163 shops launches closing down sales ahead of shutting its doors for good You can check out the full list of stores here: Arndale Shopping Centre, Manchester -closed January 12 Birmingham city centre -closed March 6 Eldon Square Newcastle -closed January 2025 Sheffield - closed June 2025 Carnaby Street, London - closed June 15 2025 Glasgow - closing August 2025 Bristol -open A previous statement from H&M read: "A limited number of Monki stores are intended to be transformed into multi-brand Weekday destinations, while the others are intended to be closed." "The newly formed Weekday multi-brand destination will cater to customers' high aesthetic standards while embracing their multitude of unique expressions." As part of the process, H&M has also revived its Cheap Monday brand and begun selling it in select Weekday stores and online. The fashion line was a hit during the early noughties, but H&M axed it in 2018, blaming poor sales. Weekday currently has five locations in the UK, all of which are in London. Like Monki, it caters towards a younger audience and sells trendy fashion pieces. RETAIL PAIN Plenty of other retailers are reducing their store estates in the face of rising costs and shoppers having less money to part with at the till. River Island will close 33 of its 230 stores as part of a major restructuring. The future of a further 70 stores is at risk and dependant on agreements being reached with landlords to slash rent payments. The retailer is set to split its store estate into seven categories of closures and rent reductions. New Look has previously warned it would shut nearly 100 stores ahead of National Insurance hikes which came into place in April. The popular clothing store will also shut down a branch in Neath on August 6.
The Sun
22-07-2025
- Business
- The Sun
Trendy fashion chain launches huge closing down sale ahead of disappearing forever – full list of closures
A TRENDY clothing chain has launched a huge closing-down sale ahead of disappearing from the high street forever. A huge closing down sale has been launched ahead of its closure in August, according to the Glasgow Times. It means shoppers have a chance to grab some last minute deals before it closes for good. The Sun has contacted H&M for comment. The store, which first opened in 2017, will close as H&M continues with its plans to integrate the brand with another one of its fashion lines, Weekday. It comes just weeks after the popular clothing brand shuttered it's branch on Carnaby Street in London. News of the closure came as a blow to shoppers, who in the past described it as their "favourite store" in the world. While another fan said the clothes were "amazing quality" and "look so good". H&M already boarded up Monki branches across Manchester, Birmingham, Newcastle and Sheffield earlier this year. One remaining store continues to trade in Bristol and will either close later this year or be transformed into a new concept store. Monki's online store has also closed down with the brand now only available to shop through the revamped Weekday website. Major card chain with 163 shops launches closing down sales ahead of shutting its doors for good You can check out the full list of stores here: Arndale Shopping Centre, Manchester -closed January 12 Birmingham city centre -closed March 6 Eldon Square Newcastle -closed January 2025 Sheffield - closed June 2025 Carnaby Street, London - closed June 15 2025 Glasgow - closing August 2025 Bristol -open A previous statement from H&M read: "A limited number of Monki stores are intended to be transformed into multi-brand Weekday destinations, while the others are intended to be closed." "The newly formed Weekday multi-brand destination will cater to customers' high aesthetic standards while embracing their multitude of unique expressions." As part of the process, H&M has also revived its Cheap Monday brand and begun selling it in select Weekday stores and online. The fashion line was a hit during the early noughties, but H&M axed it in 2018, blaming poor sales. Weekday currently has five locations in the UK, all of which are in London. Like Monki, it caters towards a younger audience and sells trendy fashion pieces. RETAIL PAIN Plenty of other retailers are reducing their store estates in the face of rising costs and shoppers having less money to part with at the till. River Island will close 33 of its 230 stores as part of a major restructuring. The future of a further 70 stores is at risk and dependant on agreements being reached with landlords to slash rent payments. The retailer is set to split its store estate into seven categories of closures and rent reductions. New Look has previously warned it would shut nearly 100 stores ahead of National Insurance hikes which came into place in April. The popular clothing store will also shut down a branch in Neath on August 6. RETAIL PAIN IN 2025 The British Retail Consortium has predicted that the Treasury's hike to employer NICs will cost the retail sector £2.3billion. Research by the British Chambers of Commerce shows that more than half of companies plan to raise prices by early April. A survey of more than 4,800 firms found that 55% expect prices to increase in the next three months, up from 39% in a similar poll conducted in the latter half of 2024. Three-quarters of companies cited the cost of employing people as their primary financial pressure. The Centre for Retail Research (CRR) has also warned that around 17,350 retail sites are expected to shut down this year. It comes on the back of a tough 2024 when 13,000 shops closed their doors for good, already a 28% increase on the previous year. Professor Joshua Bamfield, director of the CRR said: "The results for 2024 show that although the outcomes for store closures overall were not as poor as in either 2020 or 2022, they are still disconcerting, with worse set to come in 2025." Professor Bamfield has also warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector. "By increasing both the costs of running stores and the costs on each consumer's household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020."
The National
21-07-2025
- Business
- The National
Major retailer announced closure of Glasgow city centre shop
Monki will be pulling down the shutters on its shop in the city's Buchanan Galleries shopping centre. Signage, which has been installed on the venue's windows, said the location will be closing in August 2025. READ MORE: Scottish ice rink set to close due to 'spiralling energy costs' The signs read: "Closing sale. This store is closing in August. "Thanks for all the love and support. You can still shop Monki online - explore more at (Image: Newsquest) The brand is known for its blend of 'Scandi-cool and Asian street' style clothing for women. In December 2024, we revealed how Monki shops across the UK would either be shut down or turned into Weekday stores.
