A MAJOR supermarket chain with over 2,500 stores is shutting a branch forever today as shoppers complain of 'another kick in the backside'. Locals are in uproar over the closure, claiming that the shop is "always packed". 1 The Co-op is closing its branch in Stoke-on-Trent today Credit: Getty Co-op is permanently shuttering its store in Meir, Stoke-on-Trent this afternoon.
However, the decision has gone down badly with customers in the town. One commented on StokeLive : "Supported this store for years and then they are closing it. "Another kick in the backside for loyal customers and staff.
" Retailers closing stores in 2024 RETAILERS have been hit by soaring inflation and a downturn in spending due to the cost of living crisis. High energy costs and a move to shopping online are also taking their toll. Some high street shops have closed due to businesses opening up in different locations such as larger retail parks.
Shops may also close due to a number of other reasons, such as rising rents. We explain which retailers are closing in 2024: Argos - The brand announced plans to close 100 standalone UK branches last year as it looks to move away from the high street and focus on expanding its presence in supermarkets. B&Q - The chain has over 300 shops across the UK, with two stores closing this year due to leases not being renewed.
It has plans to open more in 2024 too. Boots - The health and beauty chain announced that it would be closing 300 stores last July. Closures are ongo.