Jack Wills permanently closes another 17 stores
Jack Wills has announced a further 17 permanent stores closures, bringing the total number of closures to be announced at the Frasers Group-owned chain to 31 in the past week.
Frasers Group said the latest closures would be: Belfast, Bristol Cribbs, Southampton, Hereford, Meadowhall, Silverburn, Plymouth, Truro, Chelmsford, Watford, Camberly, London’s O2, Ipswich, Leeds, Lakeside, Kildare and Bicester Village.
On 20 March it announced five closures at Dublin, Exeter, Cambridge, Bath and Manchester Trafford Centre. And on 23 March it announced the closure of nine stores at: Abersock, Aldeburgh, St Andrews, Dartmouth, Harrogate, St Ives, Lincoln, Rushden Lakes and Southwold.
These follow a raft of closures January when six stores were closed and those followed the thirteen closures that took place after Frasers Group, then known as Sports Direct International, acquired the business in a £12.75m pre-pack deal in August of last year.
This latest move leaves around 54 stores in the estate. When it bought the chain Frasers Group pledged to keep as many stores as possible open but the unprecedented uncertainty in the market had meant the closures were "inevitable".
“The group has been working closely with landlords since acquiring Jack Wills to save as many stores - and livelihoods - as possible. Now faced by unprecedented uncertainty in the retail environment, these closures are inevitable, unless landlords are willing to come forward quickly and finally have meaningful discussions,” a spokesperson for the company said.