business / markets
3 hours ago

Major Retailers WHSmith and Homebase Announce Store Closures in 2025 Shake-Up

Major Retailers WHSmith and Homebase Announce Store Closures in 2025 Shake-Up
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7 Highlights
  • WHSmith to shut 17 stores by 2025, focusing on non-high street locations.
  • Homebase closing 13 branches next January after CDS acquisition.
  • Retail closures result from industry pressures; job losses expected.
  • Staff at closing WHSmith stores will be redeployed where possible.
  • Homebase owner converting some sites into The Range stores.
  • British Retail Consortium warns of £2.3bn NICs hike burden.
  • 17,350 retail closures predicted for 2025, up from 2024 figures.
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