business
1 day ago

Scope Charity May Close Over Half of Its UK Stores Amid Economic Pressures

Scope Charity May Close Over Half of Its UK Stores Amid Economic Pressures
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7 Highlights
  • Scope may close 77 of 138 stores due to financial troubles.
  • Closures will unfold over 18 months, impacting UK locations.
  • Up to 200 jobs and 2,000 volunteer roles could be affected.
  • Store closures aim to reduce losses and focus on Scope's mission.
  • High street footfall declines as online shopping grows.
  • Scope reported a £1.5 million loss this year.
  • Online sales for Scope jumped by 75% in 2023/24.
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