Fashion chain with 71 locations to close ‘first class’ branch permanently in days – and it’s not Ted Baker
A FASHION chain is set to close a “first class” branch permanently in just days.
It comes just one day after high street giant Ted Baker confirmed the closure of 15 sites.
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Luxury brand All Saints, which has 71 stores in the UK including concessions, is shuttering its shop in Glasgow.
The branch in Buchanan Street will be closing its doors for the final time on Saturday.
But it’s not all bad news because the chain will then be opening a pop-up site just down the road.
The new store will open on the first floor of Princes Square shopping centre on April 19.
A notice on the chain’s website reads: “Our AllSaints Glasgow City Centre store is closing permanently after Saturday, April 13 2024.
“You can continue shopping with us at our new Pop Ups opening Friday, April 19 at Glasgow Princes Square and Glasgow Silverburn. Visit allsaints.com/stores to find your nearest store.”
Although it’s worth bearing in mind the new shop has been described as a “pop-up” indicating that it won’t be around forever.
The Sun has contacted All Saints for comment and to confirm how long the branch will be open.
Fans of the brand have reacted to the news on social media, with many relieved it isn’t the end of the shop in the city.
One said: “My favourite store.
“Pleased it’s just moving I panicked there!”
While another wrote: “It’s not closing permanently but instead simply changing location across the road!
“Moving to the delightful Princess Square it seems. Fab store which is always busy!”
The All Saints store is hailed a favourite by locals according to reviews online.
One shopper posted: “Buchanan Street Glasgow staff absolutely first class customer service, nothing too much trouble.
“Staff friendly and very professional They are all unique dressers honing the All Saints label, will definitely visit again.”
Another wrote: “Super attentive friendly staff, made me feel so at ease getting sizes etc. thanks for a lovely shopping experience.”
A third reviewer declared: “Super friendly staff!! Were attentive as needed and all the gals were extremely knowledgeable and helpful as I tried to find some new wardrobe pieces.”
The All Saints closure comes just one day after fashion giant Ted Baker announced it was closing a total of 15 sites.
Administrators for the fashion chain have confirmed the locations of the shops across England that will close permanently in a blow to the high street.
Eleven stores will all have shut by April 19, with 120 staff set to lose their jobs.
Administrator Teneo said all 11 stores are loss-making with no expectation they will become profitable.
Four stores will also close after notices were served before Ted Baker fell into administration, resulting in a further 100 redundancies.
Retailers closing stores in 2024
RETAILERS have been feeling the squeeze since the pandemic, while shoppers are cutting back on spending due to the soaring cost of living crisis.
High energy costs and a move to shopping online are also taking a toll, and many high street shops have struggled to keep going.
Here’s a list of all the big-name brands closing stores this year:
- Argos – The brand announced plans to close 100 standalone UK branches last year as it looks to move away from the high street and focus on expanding its presence in supermarkets.
- B&Q – The chain has over 300 shops across the UK, so chances are you have one near you, but some stores have closed in recent months.
- Boots – The health and beauty chain announced that it would be closing 300 stores last July. Closures are ongoing and this will see the retailer’s estate reduced from 2,200 to 1,900 shops.
- Clintons – Clintons mulled plans to close 38 shops in a bid to avoid insolvency late last year. We’ve listed the stores affected.
- Costa Coffee – The caffeine giant has around 2,000 sites nationwide, so chances are you’ll have one near you. The chain has shut the doors to dozens of its sites recently. We’ve revealed which stores are due to close this year.
- Iceland – The supermarket has more than 900 stores but closed nearly two dozen sites in 2023, and more selected shops are due to shut.
- Lidl – The supermarket, which has 950 stores, is changing up shop locations, which has meant that some stores have to close. But the retailer is also looking to open 12 new supermarkets.
- M&S – M&S, which runs 405 stores across the country, has been closing a string of branches across the country in a blow for shoppers. It’s not all bad news, though, because the chain also has big plans to open dozens of new shops as well.
- Trespass – The firm announced in July last year that it was closing six branches, but more are on the way.
- WHSmith – The retail giant, which runs over 1,100 stores, has shuttered eight stores since March 2023, but more are coming.
What else is happening on the high street?
Retailers have also been feeling the squeeze since the pandemic while shoppers are cutting back on spending due to the soaring cost of living crisis.
High energy costs and a move to shopping online after the pandemic are also taking a toll and many high street shops have struggled to keep going.
The high street has seen a whole raft of closures over the past year and more are on the way.
Several major brands have also collapsed as well as Ted Baker., such as Wilko and Paperchase, The Body Shop.
Many retailers have been struggling to get by, especially during the Covid-19 pandemic.
Energy costs have risen and more shoppers than ever are choosing to order online rather than head into stores.
This has left some retailers grappling with budgets and have no choice but to close stores to cut costs.
Several big-name chains are pulling down the shutters for the final time this month.
Boots is set to shut another 10 shops in the coming weeks.
The move by health and beauty retailer Boots forms part of plans to close 300 sites.
Joules, known for its wellies and raincoats, pulled down the shutters on another of its stores in Stratford.
Matalan closed down one of its branches in Leeds on February 24.
High street designer brand Kurt Geiger has pulled down the shutters on its shop in Brighton.
Department store Fenwick also shut its flagship London store in Bond Street on February 3.
Entertainment retailer HMV also shuttered its branch in Boston, Lincolnshire, on January 27.
Nespresso shut three town centre outlets in March, leaving shoppers worried about where they can recycle their used capsules.
Why are retailers closing stores?
RETAILERS have been feeling the squeeze since the pandemic, while shoppers are cutting back on spending due to the soaring cost of living crisis.
High energy costs and a move to shopping online after the pandemic are also taking a toll, and many high street shops have struggled to keep going.
The high street has seen a whole raft of closures over the past year, and more are coming.
The number of jobs lost in British retail dropped last year, but 120,000 people still lost their employment, figures have suggested.
Figures from the Centre for Retail Research revealed that 10,494 shops closed for the last time during 2023, and 119,405 jobs were lost in the sector.
It was fewer shops than had been lost for several years, and a reduction from 151,641 jobs lost in 2022.
The centre’s director, Professor Joshua Bamfield, said the improvement is “less bad” than good.
Although there were some big-name losses from the high street, including Wilko, many large companies had already gone bust before 2022, the centre said, such as Topshop owner Arcadia, Jessops and Debenhams.
“The cost-of-living crisis, inflation and increases in interest rates have led many consumers to tighten their belts, reducing retail spend,” Prof Bamfield said.
“Retailers themselves have suffered increasing energy and occupancy costs, staff shortages and falling demand that have made rebuilding profits after extensive store closures during the pandemic exceptionally difficult.”
Alongside Wilko, which employed around 12,000 people when it collapsed, 2023’s biggest failures included Paperchase, Cath Kidston, Planet Organic, Snug and Tile Giant.
The Centre for Retail Research said most stores were closed because companies were trying to reorganise and cut costs rather than the business failing.
However, experts have warned there will likely be more failures this year as consumers keep their belts tight and borrowing costs soar for businesses.
The Body Shop and Ted Baker are the biggest names to have already collapsed into administration this year.
Meanwhile, several retailers are due to close stores in April in what is yet another blow for the high street.
Plus, Ted Baker has confirmed the latest locations of the stores it will shut after falling into administration.
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