Beales to close last Poole store by May

Beales, one of Britain's oldest department stores, is closing its last remaining location in Poole's Dolphin Centre at the end of May, following over 140 years of operation. CEO Tony Brown cited increased costs from recent government policies, including rises in National Insurance contributions and the National Minimum Wage, which have added approximately £200,000 to the business's expenses, rendering it unviable. The store had previously reopened in 2020 after relocating but has since struggled due to the financial pressures exacerbated by the pandemic and subsequent economic changes. Brown expressed regret over the decision and emphasized the dedication of the staff during challenging times. The NHS clinic located within the store will remain operational despite the closure. No future plans have been announced for the vacant space left by Beales.