7 high street stores 'set to close' including Zara, River Island and Pandora

7 high street stores 'set to close' including Zara, River Island and Pandora

Zara, River Island, and Urban Outfitters could be forced to close when their leases end in 2027 as the Oxford Street building they are located in is set to be shut for renovations

"I don't understand why Zara is closing," says Massimiliano Tirelli, owner and landlord of the 3,000 square meter store. The lease, which would not have expired until February 2026, was terminated early by Zara, says Tirelli. "I didn't get an explanation for the closure of the store at the beginning of February," says Tirelli. Was it due to a rent increase, as is suspected? "No, not at all. Not by a single euro. We never even got to that point. …