Sky News reports a restructuring plan is needed to rebuild the company during a difficult time for a number of businesses. It emerged last week … He added: "Personally, I'd say Mill Gate has held its own since the Rock opened. Jody Brimacombe. "With regards to footfall we saw a steep decline year on year with nothing done by management to encourage footfall on non-market days. Reports from Business-Live last month said the firm will open the stores next year and is currently searching for landlords and agents to help realise its ambitions. "This is convenient because it's near the market but then you can go inside and you'll be shopping in comfort. Gabriella added: "We tried various different strategies to make it work in Bury, however given the clientele we couldn’t make enough profit in what they wanted, so we saw it fit to leave. "When non-essential shops started to re-open in June, we focussed on providing customers with the confidence to return to the Centre by implementing a range of measures with the aim to ensure that their visit works for everyone, including colleagues and other members of the community. It's been a real struggle. The nationwide chain was established in 1981, but this year it was revealed that Poundstretcher would have to shut down nearly half its stores after landlords and creditors approved a rescue restructuring. I worked at PoundStretcher part-time for more than a year Pros I learnt some key skills at pound stretcher that i have taken into my current working life, the company was very relaxed but made sure all stores looked professional. Blackburn. The new store is due to open on October 24. An application has been submitted to Caerphilly County Borough Council to convert the store in Castle View shopping centre. Also our Perfect Fit by Carol store has moved to a newly refitted unit on Minden Parade. Manchester United's U23s were beaten by league leaders Chelsea during their recent Premier League 2 meeting. Here's Why Walmart Is Closing Down Stores. "I remember years ago it all used to be open. Poundstretcher is reportedly in talks to close a quarter of its UK stores, in a restructuring plan that could place thousands of jobs at risk. You know things aren't looking good when your boss says half of his site visits makes him touchy. You can still be a Toys R Us kid. You can unsubscribe at any time. The application says the gym would be staffed from 8am to 10pm on Monday to Saturday and 8am to 8pm on a Sunday. Newport's Poundstretcher has posted 'closing down' sale signs in its High Street windows, two months after the firm, which has 450 stores across the UK, revealed financial troubles. Sainsbury’s and Argos are set to close 125 stores across the UK over the next few years. Poundland are to close down 100 stores in the UK due to coronavirus outbreak Reduced footfall has meant the company will close shops close by each other Staff are to move over to other stores… Poundstretcher is shutting up shop in Merrielands Retail Park in Merrielands Crescent. Pound shops have been under pressure from the fall in sterling since the Brexit referendum and slowing consumer spending. You can never have too many storage options, right? Hudson's Bay will pay store associates for all scheduled shifts, but it's unclear whether the store will provide employees with financial assistance … Build your career with us! The fashion and footwear retailer for tall women is shutting down – including around a dozen stores across Canada. Francesca's will close 140 stores, may file for bankruptcy Published Mon, Nov 16 2020 12:41 PM EST Updated Mon, Nov 16 2020 2:39 PM EST Melissa Repko @melissa_repko Doubts have been raised over the future of 250 Poundstretcher stores under a drastic restructuring strategy. Poundworld is the latest high street store hit with the sad news it could be closing down. Stretford. Tween retailer Justice is permanently closing more than 600 of its U.S. stores as part of parent company Ascena Retail Group's bankruptcy.. New Jersey-based Ascena, which also … He said: "I've been here for about five years now and at the moment we're only doing about 10pc of our normal business. Independent vape shop E Cig is allowed to remain open on a 'click and collect' basis but owner Jason said that the pandemic has hit him and his business extremely hard. Poundstretcher, which has 450 stores in the UK, has left the majority of its estate open. The Poundworld stores that have already shut down. "I sit there holding their hands making sure they know that they won't die alone" - What it is like working in a hospital Covid ward, "Sometimes there's no family. Here at Poundstretcher, there’s something for everyone; so come on down to visit us on Whessoe Road to pick up whatever you need for the whole family! The Rock is more leisure and caters more to the youngsters.". The branch - on High Street, in Congleton - did manage to reopen following the relaxation of the Government's lockdown rules. The second lockdown of the 2020 coronavirus pandemic is placing incredible strain on outlets like the Mill Gate shopping centre, which were all too obvious when walking through the mall this week. The discount chain, which is headquartered in Leicestershire, has started talks with its landlords and creditors in a bid to secure its future.. These days many of the units are occupied by charity shops, beauticians and budget chains and today (Saturday) even one of those discount shops will cease trading as the shutters come down on the Poundstretcher outlet with the loss of 13 jobs. Wakefield. It is the latest in a number of store closures over recent months which has seen Holland & Barrett, Peacocks and Thorntons all depart the Mill Gate. GNC, which has been selling nutrition and diet products since 1935, is slimming down in a big way. [9] [10] [11] In 2018, after Poundworld was shut down, Poundstretcher began to open former stores under the Bargain Buys brand name, which was previously used by the former company. Jonathan Foister stepped down from the company on October 23, according to documents filed at Companies House, after replacing Hemant Patel in July. They’re one of the primary retailers for womenswear and lingerie, and they continue to be popular with their customers. 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