H&M, Magnet, Turtle Bay and BHF announce store closures

The British high street has faced yet another blow as a number of shops have announced upcoming closures. Among those announcing branch closures are H&M and the British Heart Foundation.

H&M have announced that they will be shutting 170 sites across the globe while also opening about 90 new shops this year., leading to a net reduction of 80 storefronts. It comes after shops across the H&M brand, including Cos, Weekday, H&M Home, & Other Stories and Arket have already dropped from 4,166 shops to 4,036 in a year. A spokesperson for the company said: “At H&M Group, we continuously evaluate and develop our store portfolio to meet our customers’ needs and offer the best possible shopping experience, both online and in our physical stores.

“As part of this ongoing work, we continue to optimise our store portfolio, with stores being opened, upgraded, and closed as needed.”

Elsewhere, the British Heart Foundation have announced that they will be shutting 150 branches for good. Around 90 of these will close by the end of March next year, with the rest shutting their doors by March 2028.

Dr Charmaine Griffiths, BHF Chief Executive, said in June: “We know this will be a difficult time for our dedicated colleagues and volunteers in affected stores and emphasise our deep appreciation and gratitude for all they have done for BHF and the communities they serve.”

She added: “Like most retailers, we are facing an exceptionally challenging trading environment. Cardiovascular disease remains one of the UK’s biggest killers and our priority is funding research to save lives.

“We must take the difficult step to close some of our shops to sustain retail’s important contribution to funding BHF’s ground-breaking research.”

British Heart Foundation branches set to close:

• Armley, 32 Town Street, LS12
• Aberdare, 8 Commercial Street, CF44
• Alfreton, 2 Severn Square, Institute Lane, DE55
• Ashton-Under-Lyne, 36 Warrington Street, OL6
• Abingdon, 36 Bury Street, OX14
• Ashbourne, 16 St John Street, DE6
• Alfreton (Home Store), 47/51 High Street, DE55
• Bedworth, 30 All Saints Square, CV12
• Burnley, 86 St James’s Street, BB11
• Blyth, 24 Regent Street, NE24
• Beckenham, 168 High Street, BR3
• Balham, 184 Balham High Road, SW12
• Barnet, 123 High Street, EN5
• Bath, 8 Green Street, BA1
• Brighton (Home Store), 95 -97 London Road, BN1
• Bangor, Unit 5, The Menai Shopping Centre, LL57
• Blackpool, 48 -50 Church Street, FY1
• Cannock, 21 Market Place, WS11
• Clacton, 38 Station Road, CO15
• Coalville, 28 Belvoir Shop Centre, LE67
• Christchurch, 54 High Street, BH23
• Cleveleys, 1 Crescent West, FY5
• Consett, 6 Middle Street, DH8
• Chorley, Unit 5, Market Walk, PR7
• Camden, 65 High Street, NW1
• Crawley (Home Store), 44 -46 The Broadway, RH10
• Chesterfield, 28 Middle Pavement, The Pavements Shopping Centre, S40
• Chatham (Home Store), 8-9 Pentagon Centre, ME4
• Dunstable, 27 Broadwalk, LU5
• Durham, 79 North Road, DH1
• Dumfries, 60 High Street, DG1
• Dewsbury, 9 Foundry Street, WF13
• Dalkeith, 3 Jarnac Court, EH22
• Dumfries (Home Store), Unit 12/13, Loreburne Shopping Centre, DG1
• Eastbourne, 165 Terminus Road, BN21
• Elgin, 165 High Street, IV30
• Eccles, 1 The Mall, M30
• Finchley, 718 High Road, N12
• Falmouth, 43 Market Street, TR11
• Fulham, 338 North End Road, SW6
• Fakenham, 10 Millers Walk, NR21
• Formby, 1 The Cloisters, Halsall Lane, L37
• Grays, 5 North Mall, The Grays Shopping Centre, RM17
• High Wycombe, 18 White Hart Street, HP11
• Hawick, 64 High Street, TD9
• Harlow, 1 East Walk, CM20
• Hammersmith, 127 King Street, W6
• Huyton, 37 Derby Road, L36
• Hornchurch, 78 High Street, RM12
• Helston, 37 Meneage Street, TR13
• Holsworthy, 22 The Square, EX22
• Hartlepool (Home Store), 103-105 Middleton Grange, TS24
• Harpurhey (Home Store), Unit A, Harpurhey Shopping Centre, M9
• Hull (Home Store), 266 -268 Holderness Road, HU9
• Hereford, 13 Elgin Gate, HR4
• Harrow (Home Store), 57 St Anne’s Road, HA1
• Ilkeston, 41 Bath Street, DE7
• Keighley, 12 Cooke Lane, Airedale Centre, BD21
• Kendal, 30 Highgate, LA9
• Long Eaton, 14 Market Place, NG10
• Long Eaton (Home Store), Unit 2, Eaton Court , NG10
• Llanelli (Home Store), 13 Vaughan Street, SA15
• Minehead, 4 The Parade, TA24
• Newbury, 5 Mansion House Street, RG14
• Newton Aycliffe, 40 Beveridge Way, DL5
• New Milton, 73 Station Road, BH25
• Nuneaton (Home Store), 6-14 Stratford Street, CV11
• Newport, 63 High Street, PO30
• Ormskirk, 18 Burscough Street, L39
• Plymouth, 60 Cornwall Street, PL1
• Poole (Home Store), 348 – 350 Ashley Road Parkstone, BH14
• Perry Barr (Home Store), Unit 45, One Stop SC, B42
• Rhyl, 42 High Street, LL18
• Rayleigh, 137 High Street, SS6
• Shrewsbury, 1 Mardol/15 Claremont St, SY1
• Spalding, 2/2a Market Place, PE11
• South Shields, 77 King Street, NE33
• Stockton-on-Tees, 119-120 High Street, TS18
• Sunderland, 37 Blandford Street, SR1
• Swansea, 234 Oxford Street, SA1
• Salford (Home Store), 83 -84 Raven Way, M6
• Salisbury, 52 -54 New Canal, SP1
• Sutton Coldfield, Units 6 -7 Red Rose Centre, B72
• Uckfield, 122-126 High Street, TN22
• West Bromwich (CLR), 221 High Street, B70
• Worksop (Home Store), 2 Bridge Place, S80
• Wrexham (Home Store), 31 Regent Street, LL11

Similarly, Magnet Kitchens will be closing 15 of its showrooms in order to reduce property costs that are “no longer sustainable.” The proposals remain subject to creditor approval and are being overseen by Natasha Harbinson, Will Wright and Chris Pole from restructuring firm Interpath, Retail Gazette reports.

Magnet Kitchens closing

1. Andover, Hampshire
2. Birmingham Minworth, West Midlands
3. Blackburn, Lancashire
4. Bridgwater, Somerset
5. Brighton, East Sussex
6. Colwyn Bay, Wales
7. Dorking, Surrey
8. Farnborough, Hampshire
9. Ramsgate, Kent
10. Romford Trade, Greater London
11. Stirling, Scotland
12. Stockton, County Durham
13. Watford, Hertfordshire
14. Weymouth, Dorset
15. York Trade, North Yorkshire

Meanwhile, Caribbean restaurant Turtle Bay has announced the sudden closure of four of its restaurants, with more than 70 job losses as a result.

The restaurant chain has said it has suffered from “significant economic headwinds” in a recent update shared with customers, as it announced that 76 staff have been made redundant and has now confirmed the closure of its restaurants in Solihull, Walthamstow, York and Middlesbrough

Ajith Jayawickrema, founder and chief executive of Turtle Bay, said: “Securing approval for our CVA proposals provides us with a stable platform for the long-term future of Turtle Bay as we protect the majority of jobs and sites, address challenges in the business, and continue investing in our restaurants…

“While we have had to make difficult decisions along the way, we believe that we now have a sustainable business at its core and can look forward with confidence.”