Store Closures

Beaverbrooks to close seven of its stores

Beaverbrooks has announced the closing of seven of its stores as the group stated that they are “no longer commercially…

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Store vacancy rate falls but remains below pre-pandemic levels

In the third quarter of 2022, the overall GB vacancy rate decreased to 13.9%, a 0.1% rise from Q2 and…

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Store closures drop to lowest rate in seven years

Store closures have stabilised to the lowest rate in over seven years, with 6,146 store closures in H1 2022 (-30%)…

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New report indicates extent of high street challenge, says Bira

A report released by PwC about a study on how the high street is fairing shows how “challenging the high…

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Beaverbrooks profits remain resilient

Family-owned national jewellery retailer, Beaverbrooks, has announced its group turnover for the financial year 2020/2021 was £123.1m, down only 14%…

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Four in five shops to shut without business rates reform, says BRC

Some 83% of retailers would reportedly be forced to close shops without the introduction of a business rates reform as…

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Berry’s FY20 turnover hits £34.6m

Berry’s Jewellers, the trading name of Berens and Company, saw turnover increase 3.3% year-on-year to £34.6m for FY20. The group’s…

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‘Robust’ online sales offset store closures at Watches of Switzerland

Watches of Switzerland has welcomed a period of strong trading in its third quarter ended 24 January 2021, with group…

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Signet welcomes ‘strong’ holiday trading

Signet Jewelers has reported a period of strong trading over the holiday season, with total sales reaching $1.8bn (£1.3bn), flat…

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Signet Jewellers swings to loss in Q2

Signet Jewellers, the parent company of H.Samuel and Ernest Jones, swung to a loss of $81.7m (£62m) in its second…

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