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Co-op Shops To Shut
Midlands Co-operative have announced that its Fashion & Home Department stores are set to close over the next six months.
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Co-op fashion and home department stores to close
Midlands Co-operative have announced that its Fashion & Home Department stores are set to close over the next six months.
In a statement released today the chain store blamed the closures on changes in the retailing sector including a growth in internet shopping.
"Whilst our other businesses have flourished, the Society has been incurring substantial losses from the Fashion & Home operation for more than a decade and in spite of sustained efforts to improve performance.
"The latest financial projections indicate a further decline with increasing losses in future years."
Over the next six months, the following stores will be affected:
Chesterfield Department Store, Elder Way
Coalville Department Store, Belvoir Road
Derby Department Store, Exchange Street
Ilkeston Department Store, South Street
Long Eaton Bed Centre, Cross Street
Stafford Department Store, Gaolgate Street
West Bridgford Department Store, Central Avenue
Wigston Department Store, Bell Street