Major coffee chain with 2,000 branches to shut ‘exceptional’ store in DAYS following wave of closures...

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Britain’s retail apocalypse: why your favourite stores KEEP closing down

Coffee is set to welcome in customers to its branch in Stockton Heath, Warrington, for the final time on Thursday .Another said: "Crying shame, the lack of coffee shops in Stockton Heath is a real worry!"Dunelm shoppers rushing to buy homeware scanning for £2.90 instead of £29But it's not all bad news for the coffee chain as it recently announced plans to open a string of branches as well.

It was fewer shops than had been lost for several years, and a reduction from 151,641 jobs lost in 2022.Although there were some big-name losses from the high street, including Wilko, many large companies had already gone bust before 2022, the centre said, such as Topshop owner Arcadia, Jessops and Debenhams.

"Retailers themselves have suffered increasing energy and occupancy costs, staff shortages and falling demand that have made rebuilding profits after extensive store closures during the pandemic exceptionally difficult."

 

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