Is tk maxx closing down

However, it's not all bad news as other stores are to open.

A MAJOR clothing and homeware chain will close two stores this spring in the latest blow on the high street. TKMaxx has confirmed the closure of one of its own stores and one Homesense location, while a third will be relocated. First up, Edinburgh's TK Maxx will be forced to close this month after the landlord pulled the lease. The store will close on Wednesday, March 1, meaning customers wishing to visit the brand will have to venture further out of the city to the Trafford Centre. Swansea will also lose its Homesense store currently located at Parc Fforestfach which be relocated by the end of March. The closures at TK Maxx and Homesense come as the chain is set to open stores in several new locations.

Is tk maxx closing down

Sign up for our daily newsletter to get the day's biggest stories sent direct to your inbox. We have more newsletters. With the cost of living crisis still putting a sting on people's wallets, several of the UK's most popular high-street retailers are shutting stores across the UK. As well as shops, some food and drink chains are also shutting up shop. Popular budget pub chain Wetherspoons has confirmed that 9 pubs have already been sold off, and 35 hostelries have been put on the market. Byron Burger, which competes with the likes of McDonald's and Burger King, is also closing several of its branches. The closures don't stop there. Lloyds Banking Group, which owns both Lloyds and Halifax banks, is shutting 22 Lloyds branches and 18 Halifax sites this year. The UK high street previously suffered a tough two years due to the coronavirus crisis, where lockdown measures meant that many popular stores saw a decline in footfall. Almost 50 shops closed down every day last year as retailers grappled with soaring energy costs, wider inflation and online shopping, according to Centre for Retail Research. And now, figures by the expert research and analysis foundation, show that around 15, stores across UK high streets are expected to close this year, with the Professor Joshua Bamfield, the director, saying that "big hitters" could also go under.

The Manchester drugs empire that has come crashing down. Deborah Dolce, group director at TJX Europe said: "We are proud of our continued investment in communities across the country through new store openings, store modernisations and relocations.

The closures of the one TK Maxx branch in Scotland, the one Homesense site in Manchester, and the relocation of the Swansea site are set to be completed by the end of March. TK Maxx and Homesense will be closing stores over the next few weeks in another blow for the UK high street. First up, TK Maxx will be closing its Edinburgh site next week due to the landlord pulling the lease. Homesense is a subsidiary of TK Maxx which exclusively sells homeware pieces such as ornaments, storage solutions, home decor and plants. The Homesense Manchester Arndale and Swansea branches will be shutting shop next month as their lease has come to an end.

It has been a tough few years for the high street and it doesn't look set to get any easier. A number of shops, banks and pubs across the UK are set to close with major retailers and businesses making announcements in recent weeks. Major retailers are feeling the pinch due to high inflation, which was sitting at a massive With the cost of living crisis, there has also been lower demand for bars and pubs from customers. And it is not just retailers and restaurants - high inflation has impacted many families too, forcing them to shop less as disposable income continues to be squeezed, reported the Mirror. The UK high street previously suffered a tough two years due to the coronavirus crisis, where lockdown measures meant that many well-known retailers experienced a reduction in footfall. Almost 50 shops closed down every day last year as retailers struggled with soaring energy costs, general inflation and online shopping, according to the Centre for Retail Research.

Is tk maxx closing down

Sign up for our daily newsletter to get the day's biggest stories sent direct to your inbox. We have more newsletters. With the cost of living crisis still putting a sting on people's wallets, several of the UK's most popular high-street retailers are shutting stores across the UK. As well as shops, some food and drink chains are also shutting up shop. Popular budget pub chain Wetherspoons has confirmed that 9 pubs have already been sold off, and 35 hostelries have been put on the market. Byron Burger, which competes with the likes of McDonald's and Burger King, is also closing several of its branches.

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The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Speaking to Edinburgh Live , the branch spokesperson said that all staff were hoping to be given roles at other TK Maxx and Homesense locations. This may include adverts from us and third parties based on our knowledge of you. Long distance relationships What is tantric sex? I'm proof MEN can get breast cancer: Father-of-two, 59, tells of his four-year battle with predominantly See Our Privacy Notice. News all Most Read Most Recent. Fashion retailer New Look is shutting stores across the UK. See more. Boy, 11, dies after TikTok 'chroming' challenge goes wrong. Report this comment Cancel. We have more newsletters. Britain will join the US and other allies to create maritime corridor to deliver aid directly to Gaza, David

TK Maxx and its subsidiary HomeSense will be closing stores across the country over the next few weeks in a major blow to high streets. The move comes at a difficult time for businesses across the UK amid the cost of living crisis. According to national reports, the company's Norfolk locations are currently not thought to be affected by the closures.

The confirmed TK Maxx store closures are the result of rental leases not being renewed. It comes as TK Maxx and Homesense shut stores across the country in yet another blow for the struggling UK high street. And the Birmingham site is also expected to be at risk of closure after it was converted into an outlet store. TK Maxx and Homesense will be closing stores over the next few weeks in another blow for the UK high street. The popular DIY chain said closures will begin from March 11 and approximately 57 staff will be offered jobs elsewhere. We look forward to bringing new, bright and beautiful TK Maxx and Homesense stores to even more shoppers across the UK and offering great retail careers to those communities. The store will close on Wednesday, March 1, meaning customers wishing to visit the brand will have to venture further out of the city to the Trafford Centre. Thank you for subscribing! Major retailers are feeling the pinch due to high inflation, which was sitting at a massive Farewell to the field of wheat-loving, robot-dancing self-confessed 'bloody difficult woman': How vicar's