Clothes retailer River Island will lower an additional 110 roles and shut 33 shops beneath its restructuring plan.
That’s on high of greater than 100 redundancies made in January this 12 months, bringing the overall to over 200 jobs misplaced.
It’s unclear which departments are affected up to now within the present spherical of layoffs, however the earlier spherical was felt throughout the shopping for, merchandising and HR departments.
In addition to job cuts, River Island secured Excessive Court docket approval to shut 33 UK shops and make hire cuts for one more 71 within the restructuring plan.
This comes after the corporate has been experiencing extended monetary problem, which the retailer says stemmed from the affect of on-line buying and low footfall on UK excessive streets, as reported by My London.
38 shops will see hire reductions of between 25 per cent and 75 per cent for 36 months, and switching to zero hire on one other 24. Simply 9 shops would require full hire.
A number of the shops dealing with hire cuts are primarily based in and round London, together with Bexleyheath, Bracknell, Park Home (Oxford Road), Thurrock, and Watford.
London-based shops Bromley, Walthamstow, and Wandsworth will see their rents lower to zero.
Full listing of River Island shops closing
We’ve damaged down each River Island retailer that’s closing as a part of the restructuring, bolding the 2 which are primarily based in and round London.
- Aylesbury, Buckinghamshire
- Bangor Bloomfield, Northern Eire
- Barnstaple, Devon
- Beckton, Higher London
- Brighton, East Sussex
- Burton-Upon-Trent, Derbyshire
- Cumbernauld, Scotland
- Didcot, Oxfordshire
- Edinburgh Princes Road, Scotland
- Falkirk, Scotland
- Gloucester, Gloucestershire
- Nice Yarmouth
- Grimsby, Lincolnshire
- Hanley, Staffordshire
- Hartlepool, County Durham
- Hereford, Herefordshire
- Kilmarnock, Scotland
- Kirkcaldy, Scotland
- Leeds Birstall Park, West Yorkshire
- Lisburn, Northern Eire
- Northwich, Cheshire
- Norwich, Norfolk
- Oxford, Oxfordshire
- Perth, Scotland
- Poole, Dorset
- Rochdale, Higher Manchester
- St Helens, Merseyside
- Stockton On Tees, County Durham
- Surrey Quays, Higher London
- Sutton Coldfield, Warwickshire
- Taunton, Somerset
- Workington, Cumbria
- Wrexham, Wales
