Business · Companies · 2 days ago

Wynsors plans to close 17 UK shoe stores

Wynsors plans to close 17 UK shoe stores

Wynsors World of Shoes, a UK shoe retailer, plans to close 17 of its stores.

The chain is owned by private equity investment firm Modella Capital and has about 47 stores across the UK.

The closures follow warnings earlier this year about cuts to rent and jobs.

One store, in Bacup, Lancashire, is due to close on 10 October.

It has been running a closing sale for several weeks, with discounts reaching 50% on some items.

The sale also includes a 30% price cut on Kickers school shoes.

The planned closures will reduce the chain’s store network, but no further details about the other affected locations are given.

Sources

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