Dobbies to Close 17 Stores in Restructuring
Dobbies to Close 17 Stores in Restructuring

Dobbies to Close 17 Stores in Restructuring

News summary

Dobbies Garden Centres, the UK's largest garden centre chain, plans to close 17 unprofitable sites by year-end. This restructuring aims to address high rent costs and return to profitability, impacting 465 employees. Despite these closures, Dobbies will continue to operate 60 stores and work with landlords for temporary rent reductions at additional sites. The closures are part of a broader trend of store closures across the UK high streets, influenced by high business rates and the impact of COVID-19. Dobbies' restructuring plan requires approval from creditors and aims to prevent possible insolvency.

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5
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2
Center
2
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1
Unrated
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Last Updated
49 days ago
Bias Distribution
40% Center
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