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Three big-name high street retailers who are closing down stores before Christmas
The high street has been struggling in recent years, with nearly 7,000 shops forced to close in the first half of 2024 - and closures are set to continue in the run-up to Christmas
Store closures are set to continue in the run-up to ChristmasPwC suggests this shows "some level of stability", but the net decline remains at around one every six months. Rich Jones, leader of Hospitality, Sport and Leisure at the financial services firm in the UK, noted that consumer spending priorities have shifted in recent years. Earlier this year, beloved gardening chain Dobbies announced plans to close up to 17 locales by the year-end, citing lack of profits.
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