The British high street has been dealt a severe blow this year, with household names such as Marks and Spencer, Boots, and Costa Coffee announcing store closures amidst the cost of living crisis.
With consumers tightening their belts, luxury spending has taken a hit, impacting retailers who are also grappling with rising rents and restructuring plans.
Research from the Centre for Retail Research indicates that nearly 10,500 shops shut down permanently last year, and from January to May 2024, a further 804 stores have closed for good.
The trend looks set to continue, with an expected total of 10 more shops closing in July alone. Here's the full rundown of store closures slated for July, as reported by the Express.
Read more on manchestereveningnews.co.uk
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