A number of big-name brands are set to close shops. It comes as a result of increasing business costs and a shift in shopping habits. According to the Centre for Retail Research, 54 retailers collapsed in 2025, resulting in the loss of 3,080 stores and 30,153 employees. Meanwhile, over 500 bank branches closed for good due to an ongoing shift of customer behaviour, with an increasing number of people choosing to bank online or use mobile app services.
The stores closing are joined by a number of retailers that have gone into administration. The Original Factory Shop, LK Bennett, Claire’s, SilkFred, Fired Earth, Coopers of Beccles, Parravani’s Ice Cream, Roberts Bakery, Urban Legend, eBuyer, Bodycare, Baltic Bakehouse, and SOS Wholesale all announced administration over the last six months.
Coatbridge, North Lanarkshire, Scotland (February 8)
Chichester, West Sussex (February 8)
Feltham, Greater London (February 8)
Crayford, Greater London (February 11)
Nottingham (Chilwell), Nottinghamshire (February 13)
Urmston, Greater Manchester (February 16)