Is tk maxx closing down

By Madeleine Ross. The popular DIY chain said closures will begin from March 11 and approximately 57 staff will be offered jobs elsewhere. It comes as TK Maxx and Homesense shut stores across the country in yet another blow for the struggling UK high street. The Manchester Arndale branch will close on March 1.

However, it's not all bad news as other stores are to open. We have more newsletters. TK Maxx and Homesense have announced they are to close some stores. Homesense is a subsidiary of TK Maxx which exclusively sells homeware pieces such as ornaments, storage solutions, home decor and plants. The Homesense at Manchester's Arndale Centre and the Swansea branch will be shutting next month as their lease has come to an end. The Manchester city centre branch will remain open until March 1 according to signs put up in the shop's window.

Is tk maxx closing down

Sign up for our daily newsletter to get the day's biggest stories sent direct to your inbox. We have more newsletters. With the cost of living crisis still putting a sting on people's wallets, several of the UK's most popular high-street retailers are shutting stores across the UK. As well as shops, some food and drink chains are also shutting up shop. Popular budget pub chain Wetherspoons has confirmed that 9 pubs have already been sold off, and 35 hostelries have been put on the market. Byron Burger, which competes with the likes of McDonald's and Burger King, is also closing several of its branches. The closures don't stop there. Lloyds Banking Group, which owns both Lloyds and Halifax banks, is shutting 22 Lloyds branches and 18 Halifax sites this year. The UK high street previously suffered a tough two years due to the coronavirus crisis, where lockdown measures meant that many popular stores saw a decline in footfall. Almost 50 shops closed down every day last year as retailers grappled with soaring energy costs, wider inflation and online shopping, according to Centre for Retail Research. And now, figures by the expert research and analysis foundation, show that around 15, stores across UK high streets are expected to close this year, with the Professor Joshua Bamfield, the director, saying that "big hitters" could also go under. Here's the full list of retailers affected, as reported by the Mirror :. TK Maxx and Homesense will be closing stores over the next few weeks in another blow for the UK high street. Homesense is a subsidiary of TK Maxx which sells homeware pieces such as ornaments, storage, home decor and plants. The Edinburgh site will close next week Wednesday, February 15 due to the landlord pulling the lease.

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It has been a tough few years for the high street and it doesn't look set to get any easier. A number of shops, banks and pubs across the UK are set to close with major retailers and businesses making announcements in recent weeks. Major retailers are feeling the pinch due to high inflation, which was sitting at a massive With the cost of living crisis, there has also been lower demand for bars and pubs from customers. And it is not just retailers and restaurants - high inflation has impacted many families too, forcing them to shop less as disposable income continues to be squeezed, reported the Mirror.

Customers have been left distraught after a major store owned by TK Maxx announced it is closing its doors. Homesense has long been a go-to shop for bargain homeware as well as ornaments, storage solutions, home decor pieces and plants. For years, Homesense in Arndale, Manchester, has proven popular, so it has come as a huge blow to shoppers to find it is shutting its doors for good. Signs have been put up in the store's windows stating it will shut up shop on March 1st, reports Manchester Evening News. There are currently Homesense stores in Altrincham and Trafford, which will remain open for business. Speaking about the closure, a spokesperson for Homesense said: "Our Homesense Arndale Centre store will be closing on 1st March and all associates have been offered roles in nearby TK Maxx and Homesense stores.

Is tk maxx closing down

Sign up for our daily newsletter to get the day's biggest stories sent direct to your inbox. We have more newsletters. With the cost of living crisis still putting a sting on people's wallets, several of the UK's most popular high-street retailers are shutting stores across the UK. As well as shops, some food and drink chains are also shutting up shop. Popular budget pub chain Wetherspoons has confirmed that 9 pubs have already been sold off, and 35 hostelries have been put on the market. Byron Burger, which competes with the likes of McDonald's and Burger King, is also closing several of its branches. The closures don't stop there. Lloyds Banking Group, which owns both Lloyds and Halifax banks, is shutting 22 Lloyds branches and 18 Halifax sites this year.

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Popular London restaurant coming to Manchester's new neighbourhood. Get our money-saving tips and top offers direct to your inbox with the Mirror Money newsletter Sign up. An Asda spokesperson said the scheme had been well-received by customers. Fashion retailer New Look is shutting stores across the UK. The British Independent Retailers Association says it is optimistic about the spring budget where the chancellor announced a reduction of National Insurance Story Saved. TK Maxx will also be opening up in Llanelli as part of the move. Female firearms officer, 40, who was stripped down to her underwear in training course warns 'sexual Grieving mum's car stolen from Trentham Estate found in Fenton. By Madeleine Ross.

It has been a tough few years for the high street and it doesn't look set to get any easier. A number of shops, banks and pubs across the UK are set to close with major retailers and businesses making announcements in recent weeks.

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