{"id":2575,"date":"2025-04-21T17:01:07","date_gmt":"2025-04-21T17:01:07","guid":{"rendered":"http:\/\/softnary.com\/?p=2575"},"modified":"2025-04-23T08:55:37","modified_gmt":"2025-04-23T08:55:37","slug":"major-supermarket-confirms-store-closure-in-latest-blow-to-struggling-high-street","status":"publish","type":"post","link":"http:\/\/softnary.com\/index.php\/2025\/04\/21\/major-supermarket-confirms-store-closure-in-latest-blow-to-struggling-high-street\/","title":{"rendered":"Major supermarket confirms store closure in latest blow to struggling high street"},"content":{"rendered":"
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Well over 13,000 retailers closed last year (Picture: Getty Images)<\/figcaption><\/figure>\n

A major supermarket chain has announced it\u2019s closing a branch nearly a decade after opening. <\/p>\n

Budget<\/a> frozen food retailer Iceland<\/a> has announced that its store in Margate will close for good in June. <\/p>\n

Iceland, which has about 900 stores nationwide, closed all its branches on the Channel Islands last year. <\/p>\n

So far, the shutters of Iceland stores in London, Borehamwood, Exeter and Derby<\/a> have gone down for good this year. <\/p>\n

The next Iceland to go will be in College Square, a shopping centre just by Margate\u2019s Old Town neighbourhood.<\/p>\n

Staff have been told that the last day Iceland will be open is June 21, according to KentOnline<\/a>. <\/p>\n

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The College Square Iceland branch will close in only months (Picture: Google)<\/figcaption><\/figure>\n

Iceland said: \u2018We can confirm our Margate Iceland store will close.<\/p>\n

\u2018Our store colleagues have entered into a consultation process and have been offered opportunities at surrounding stores where possible.\u2019<\/p>\n

More than 13,000\u00a0high street<\/a> stores closed in 2024, according to the Centre for Retail Research, or about 37 shops a day.<\/p>\n

The figure is expected to rise to 17,350 this year, with some 14,500 independent retailers expected to shutter. <\/p>\n

Among the hardest-hit major retailers are WH Smith<\/a>, Morrisons <\/a>and GAME <\/a>as well as banks such as Lloyds and Halifax<\/a>.<\/p>\n

Scars from the coronavirus pandemic and the ongoing cost of living crisis have been blamed for the store closures. <\/p>\n

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\n\t\t\"Iceland\t<\/div>
Several Icelands have shuttered this year (Picture: SOPA Images\/LightRocket via Gett)<\/figcaption><\/figure>\n

While Iceland\u2019s presence on the high street has shrunk, the company\u2019s spin-off Food Warehouse stores are flourishing. <\/p>\n

Launched in 2014, the big-box stores are often located in large retail parks and sell groceries in bulk.<\/p>\n

Iceland has opened 11 Food Warehouses, with plans to bring this number to 21 this year. <\/p>\n

Retail parks are the place to be, The British Retail Consortium said in March.<\/p>\n

Between rising car park fees and changes in shopping habits, fewer people are hitting the high street to shop, instead going to retail centres. <\/p>\n

Get in touch with our news team by emailing us at webnews@metro.co.uk<\/a>.<\/strong><\/strong><\/strong><\/p>\n

For more stories like this, <\/strong>check our news page<\/strong><\/a>.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

Well over 13,000 retailers closed last year (Picture: Getty Images) A major supermarket chain has announced it\u2019s closing a branch nearly a decade after opening. Budget frozen food retailer Iceland has announced that its store in Margate will close for good in June. Iceland, which has about 900 stores nationwide, closed all its branches on […]<\/p>\n","protected":false},"author":1,"featured_media":2577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-2575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk"],"_links":{"self":[{"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/posts\/2575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/comments?post=2575"}],"version-history":[{"count":3,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/posts\/2575\/revisions"}],"predecessor-version":[{"id":2581,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/posts\/2575\/revisions\/2581"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/media\/2577"}],"wp:attachment":[{"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/media?parent=2575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/categories?post=2575"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/tags?post=2575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}