Clothes retailer River Island will lower an extra 110 roles and shut 33 shops beneath its restructuring plan.
That’s on prime of greater than 100 redundancies made in January this yr, bringing the full to over 200 jobs misplaced.
It’s unclear which departments are affected up to now within the present spherical of layoffs, however the earlier spherical was felt throughout the shopping for, merchandising and HR departments.
In addition to job cuts, River Island secured Excessive Court docket approval to shut 33 UK shops and make lease cuts for one more 71 within the restructuring plan.
This comes after the corporate has been experiencing extended monetary problem, which the retailer says stemmed from the impression of on-line buying and low footfall on UK excessive streets, as reported by My London.
38 shops will see lease reductions of between 25 per cent and 75 per cent for 36 months, and switching to zero lease on one other 24. Simply 9 shops would require full lease.
A few of the shops going through lease cuts are primarily based in and round London, together with Bexleyheath, Bracknell, Park Home (Oxford Avenue), Thurrock, and Watford.
London-based shops Bromley, Walthamstow, and Wandsworth will see their rents lower to zero.
Full listing of River Island shops closing
We’ve damaged down each River Island retailer that’s closing as a part of the restructuring, bolding the 2 which can be primarily based in and round London.
- Aylesbury, Buckinghamshire
- Bangor Bloomfield, Northern Eire
- Barnstaple, Devon
- Beckton, Higher London
- Brighton, East Sussex
- Burton-Upon-Trent, Derbyshire
- Cumbernauld, Scotland
- Didcot, Oxfordshire
- Edinburgh Princes Avenue, Scotland
- Falkirk, Scotland
- Gloucester, Gloucestershire
- Nice Yarmouth
- Grimsby, Lincolnshire
- Hanley, Staffordshire
- Hartlepool, County Durham
- Hereford, Herefordshire
- Kilmarnock, Scotland
- Kirkcaldy, Scotland
- Leeds Birstall Park, West Yorkshire
- Lisburn, Northern Eire
- Northwich, Cheshire
- Norwich, Norfolk
- Oxford, Oxfordshire
- Perth, Scotland
- Poole, Dorset
- Rochdale, Higher Manchester
- St Helens, Merseyside
- Stockton On Tees, County Durham
- Surrey Quays, Higher London
- Sutton Coldfield, Warwickshire
- Taunton, Somerset
- Workington, Cumbria
- Wrexham, Wales
