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Major shoe retailer with more than 300 UK stores to close seaside shop
Major shoe retailer with more than 300 UK stores to close seaside shop
Published on March 27, 2025 at 11:00 AM
Why are shops closing stores?
SHOPPERS have been left devastated as another Shoe Zone store is set to close for good.
The discount footwear chain will be shutting its doors in Bexhill town centre.
Shoe Zone will close its Bexhil store on May 13
The store, located on Devonshire Road, has confirmed it's final day of trading will be May 13.
It comes as part of a wider trend of high street closures, with Shoe Zone blaming “challenging trading conditions” and rising costs for its decision to shut unviable branches.
Locals say the closure is another blow for the town's high street, with one shopper commenting on Facebook: “Bexhill is turning into a ghost town.”
Another added: “soon we'll have nothing left.”
While a third chimed in: “Yep, its sad, walked past yesterday lunchtime and closing down sale was all over the window and inside as well.”
The shop has been advertising its closure since November, and commercial property agents Dyer & Hobbis are already listing the site for rent at £29,500 per year.
A spokesperson for Shoe Zone previously said a combination of rising business rates, wage increases, and difficult weather conditions had made some stores “unviable”.
The company saw profits before tax slump by 40 per cent in 2023, with chairman Charles Smith blaming an “unseasonably wet summer” and increased costs.
The British Retail Consortium has predicted that the Treasury's hike to employer NICs will cost the retail sector £2.3billion.
Research by the British Chambers of Commerce shows that more than halfofcompanies plan to raise prices by early April.
A survey of more than 4,800 firms found that 55% expect prices to increase in the next three months, up from 39% in a similar poll conducted in the latter half of 2024.
Three-quarters of companies cited the cost of employing people as their primary financial pressure.
The Centre for Retail Research (CRR) has also warned that around 17,350 retail sites are expected to shut down this year.
It comes on the back of a tough 2024 when 13,000 shops closed their doors for good, already a 28% increase on the previous year.
Professor Joshua Bamfield, director of the CRR said: “The results for 2024 show that although the outcomes for store closures overall were not as poor as in either 2020 or 2022, they are still disconcerting, withworse set to come in 2025.”
Professor Bamfield has also warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector.
“By increasing both the costs of running stores and the costs on each consumer's household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020.”
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