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River Island: UK Fashion Brand Closing 33 High Street Stores by January 2026 โ Full List of Locations Near Me
River Island will reduce its store portfolio by 15% and negotiate lower rents on 71 locations to address a 19% sales drop and ยฃ33.2 million loss in 2023.
- River Island confirmed plans to close 33 UK stores in a High Court judgeโapproved restructuring earlier this year designed to stabilise the business and avoid administration.
- Earlier this year, Ben Lewis, chief executive of River Island, said the company faced financial strain from a sharp rise in business costs, prompting a restructuring plan.
- River Island has hired PwC advisers and is seeking ยฃ54 million in funding, while landlords have been asked to accept rent cuts for up to three years and reduced rents on 71 stores.
- Towns across the UK face losing a familiar retailer, while Worcester's River Island store has been saved; River Island said it regrets any job losses among its around 5,500 staff.
- Affected stores are likely to run clearance sales as they prepare to shut, and River Island said it is reshaping its estate to better reflect how customers now shop.
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River Island to shut Scottish stores as online shift hits the high street
Among the 33 River Island branches set to close by January 2026 are key Scottish sites in Edinburghโs Princes Street, Falkirk, Kirkcaldy, Kilmarnock, Cumbernauld and Perth, removing a familiar fashion name from several town and city centres. For some of these locations, the closures will leave noticeable gaps on prime shopping streets and could reduce the pull that larger brands traditionally provide for surrounding independents.โ The timing is โฆ
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