Major UK Retailers Announce Widespread Store Closures

A number of major UK retailers, including Hobbycraft, Torrid, Smiggle, and River Island, have announced significant store closures amid declining sales and rising operational pressures. Hobbycraft will close nine stores this month, putting up to 126 jobs at risk, as part of a restructuring following its acquisition by Modella Capital, which aims to secure the future of 99 stores and 1,800 jobs. Torrid plans to close up to 180 stores as it shifts toward a more digital-focused business model, surprising many employees and raising customer concerns. Smiggle will shut its York store this week due to an expiring lease and has additional UK closures planned, though a new outlet will open nearby. River Island is also reportedly at risk of closing up to 230 stores. These developments reflect broader struggles in the UK retail sector as online shopping grows and retailers face increasing costs and evolving consumer behavior.