Major retailer with over 700 locations to close store in further blow to high street
A MAJOR fashion retailer with over 700 locations is set to close one of its stores in another blow to the high street.
Holland and Barrett is shutting its branch in the Bon Accord Shopping Centre in Aberdeen.
A spokesperson for the company said: "We regularly review our store portfolio to make sure we’re in the best locations to serve our customers.
"We can confirm that our lease is due to expire on our store in the Bon Accord centre, and we are currently reviewing our location to make sure we are able to offer the very best of Holland and Barrett to our customers in the city."
However, the spokesperson did not confirm the date the store will close.
Shoppers can still use the Holland and Barrett stores in the Trinity Centre and Tesco in Bridge of Don nearby.
Read more in Retail
Meanwhile, customers can find their nearest Holland and Barrett branch by using the retailer's store locator tool on its website.
It comes as a number of other high street retailers struggle to keep stores open.
Iceland, New Look and Co-op are all closing branches in September while dozens of stores have already shut this summer.
Some companies have gone bust too.
Most read in Money
Paperchase, Cath Kidston and M&Co all crashed into administration this year, although M&Co has since relaunched online.
Wilko also fell into administration this month, leaving 400 stores and thousands of jobs at risk.
But the stores and jobs haven't been lost yet, with a number of bidders putting in offers to rescue the ailing business.
The reasons behind stores closing vary from retailer-to-retailer, but businesses have been struggling as consumers turn more to online shopping.
High energy costs since early 2022 have compounded pressures.
High inflation has also meant shoppers' money isn't going as far and they're holding back from spending.
It's not all bad news for the high street though, as some retailers are opening stores across the UK.
Co-op opened six branches in March while B&M and Poundland are pulling up the shutters on stores too.
Do you have a money problem that needs sorting? Get in touch by emailing [email protected].
You can also join our new Sun Money to share stories and tips and engage with the consumer team and other group members.