Monsoon Accessorize to close store in blow for shopping centre customers
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Monsoon and Accessorize customers will have to go elsewhere to buy products from the retailer
Monsoon Accessorize is set to close its store in Peterborough.
The Queensgate Shopping Centre store, which is made up of two brands - Monsoon and Accessorize - both owned by Adena Brands, will cease trading next week.
The shop is set to shut on Thursday, May 23.
It's understood another retailer is looking to move into part of the store, the Peterborough Telegraph reports.
In other store closure news, Marks and Spencer confirmed its site in High Street West, Sunderland, will shut on May 25 this year.
M&S will open a new store at the Washington Galleries shopping centre in the city on May 30.
Full list of M&S stores that are reportedly earmarked to be closed in 2024 and beyond:
M&S announced it intended to accelerate a major shake-up of its store estate in 2022, which would result in the closure of 67 larger shops.
However, the retailer stressed that previously announced closures will be offset by new openings as it seeks to focus more on its grocery business and online business.
Back in 2019, M&S said in the long term, it planned to cut 110 stores.
M&S also said it would open 104 more Simply Food shops, many of which would be in the same area or location as those earmarked for closure.
KFC has also announced the closure of one of its sites recently.
The popular fast food chain has shut its restaurant in Waltons Avenue in Holbury, Southampton.
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KFC has announced the closure of one of its locations
GETTYA spokesperson for KFC said: “We’re constantly reviewing our portfolio of over 1,000 restaurants and at times, this sadly means we have to close some.
“We never want to disappoint our team and loyal fans, which is why we always try to relocate our team members to other restaurants.
“Our fans can always find their next nearest restaurant on our website.”