Major UK excessive avenue model launches 70% off sale because it shuts 41 shops | UK | News | EUROtoday

A as soon as widespread style chain has slashed costs by as much as 70% to filter inventory forward of retailer closures throughout the nation. New Look has been a staple of procuring centres and excessive streets for many years, however the firm is now getting ready to shut down 41 shops.

The clothes group is now specializing in a web-based mannequin with greater than 40% of income coming from web gross sales as clients favour digital over a bodily department expertise. Before asserting the “final clearance” gross sales, the corporate has stated beforehand: “We hope customers continue to shop with us online, where our full product ranges can be found.”

According to New Look’s website, the company currently has a total of 338 locations in the UK. It recorded 225 million visits to the New Look app and website, as of 2023.

Despite stores being closed, Helen Connolly, chief executive officer, said New Look was “trying to the long run” with “confidence”, as a “main broad attraction style vacation spot which has been cherished by clients for over 50 years”.

In a statement, she said: “The mixture of a cohesive omnichannel mannequin, conveniently situated shops, and feel-good style at nice costs places New Look in a robust place to ship long-term and sustainable development.”

According to The Sun, New Look stores which are shutting their doors for the final time will host clearance sales giving customers the chance to scoop a bargain.

In a post on Facebook, New Look Doncaster, said huge savings were on offer ahead of the branch closure. In a recent post it said: “Pop in and seize your final minute bargains”

New Look previously warned almost 100 stores could close, with measures such as increasing National Insurance contributions for employers one of the factors involved.

Discussing the re-structuring of the business model, a New Look spokesperson said earlier this year the company were adopting an “omni-channel” approach and that physical premises were still an “essential a part of our enterprise”, alongside the website and app.

They said: “It is that this omni-channel method which permits us to finest serve our 10 million clients, nonetheless, they like to buy.

“We have recently invested over £3 million in our stores in Greater Manchester to trial new omni-channel initiatives to improve customer experience. Using the learnings from these trials, we are now upgrading a further 17 stores across the country.

“We additionally proceed to put money into our thriving on-line platform, which has resulted in a robust on-line gross sales efficiency, with volumes considerably outpacing final 12 months and an improved on-line margin.”

Carillon Court Shopping Centre, Loughborough (Closed January 21)

Wickford, Essex (Closed January 24)

Porth, Rhondda Cynon Taf, Wales (Close February 22)

St Austell, Cornwall (Closed March 4)

Valley Retail World in Gateshead, Tyne and Wear (Closed March 9)

Preston (Closed March 20)

Bexleyheath, London (Closed April 19)

Willow Place, Corby (Closed June 1)

Northfield Shopping Centre, Birmingham (Closed June 8)

Devizes, Wiltshire (Closed June 22)

Hamilton, Scotland (Closed July 1)

Neath, Wales (Closed August 6)

Brunswick Centre, Scarborough (Closed September 17)

The Potteries, Stoke-on-Trent (Closed October 14)

Hinckley (Closing December 9)

Northside Shopping Centre (Dublin)

Liffey Valley Shopping Centre (Dublin)

Tallaght (Dublin)

Omni Park Shopping Centre (Dublin)

Blanchardstown (Dublin)

Jervis Street (Dublin)

Wilton Shopping Centre (Cork)

Ballincollig Shopping Centre (Cork)

Blackpool Shopping Centre (Cork)Opera Lane (Cork)

Galway City

Gateway Retail Park (Galway)

Ashbourne

Bridgewater Shopping Centre, Arklow

Fairgreen Shopping Centre, Carlow

Navan Shopping Centre

Whitewater Shopping Centre, Newbridge

Clonmel

Limerick

Killarney

Wexford

Grand Parade, Mullingar

Castlebar, County Mayo

Dungarvan

The Marshes Shopping Centre, Dundalk

Letterkenny Retail Park