Date: 30-mar-2025
In a stark indicator of the ongoing retail downturn in the UK, a total of 62 retail stores are set to shut their doors in March 2025. The closures span across various retail chains and geographic regions, marking another blow to the already struggling British high street.
According to The Scottish Sun and The Sun, the closures are driven by a combination of rising operational costs, high energy prices, and shrinking consumer spending power.
The list of affected retailers includes both national brands and regionally significant stores. Here are the most prominent closures this month:
The UK retail sector has been grappling with a complex mix of challenges:
Retail analysts warn that more closures could follow throughout 2025 unless urgent interventions are made. There are calls for the government to consider relief measures such as business rate reforms and incentives for in-store innovation to rejuvenate high street trade.
While some retailers are pivoting toward omnichannel strategies and e-commerce platforms, others may not survive the increasingly challenging landscape.
This wave of closures serves as a reminder of the need for structural adaptation and policy support if the UK’s high streets are to remain viable in the digital age.
Date: 30-Mar-2025
In a major restructuring wave, companies like Meta, Starbucks, Wayfair, and Morgan Stanley are laying off employees in 2025 to adapt to automation, AI integration, and sales decline.
Date: 31-Mar-2025
In a major restructuring wave, companies like Meta, Starbucks, Wayfair, and Morgan Stanley are laying off employees in 2025 to adapt to automation, AI integration, and sales decline.
04 Apr 2025