RIVER Island has confirmed the full list of 33 stores that will shut following a major restructure.
The fashion retailer has confirmed branches across the UK will close including in Derby, Doncaster and Fareham, Drapers reports.
River Island has confirmed the 33 branches that will shut[/caption]
Other branches will shut in Basildon, Edinburgh and Middlesbrough. This is the full list of 33 stores that will shut:
- Aberdeen Union Square
- Basildon
- Bedford
- Beverley
- Birmingham Fort
- Blackburn
- Bolton
- Broughton Park
- Cannock
- Castleford
- Chesterfield
- Crewe
- Derby
- Doncaster
- Edinburgh Princes Street
- Fareham
- Gateshead Metrocentre
- Glasgow Argyle Street
- Glasgow Silverburn
- Grimsby
- Halifax
- Harrow
- Huddersfield
- Ipswich
- Kidderminster
- Kilmarnock
- Leamington Spa
- Loughborough
- Luton
- Middlesbrough
- Peterborough
- Southport
- Walsall
The 33 shops earmarked for closure will stay open until January 2026 to make the most of peak trading.
The closures come as River Island carries out a major restructuring of its store estate following poor financial results.
The future of a further 70 stores is at risk and dependant on agreements being reached with landlords to slash rent payments.
River Island is reportedly set to split its store estate into seven categories of closures and rent reductions.
Only nine stores are planned to keep paying full rent, while 38 could see rent reductions of up to 75% for three years.
Meanwhile, 24 stores could move to a zero-rent model.
