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Last modified on Wed 9 Jun 2021 16.41 EDT
Fashion chain Gap is to close 19 stores in the UK and Ireland as the coronavirus pandemic continues to take its toll on the high street, while a distribution centre in Rugby remains at risk.
A spokesperson confirmed that the US-owned chain had decided not to renew store leases that expire next month, in a retrenchment that follows a strategic review of its European presence.
Gap did not offer any detail on which stores will close or how many jobs would be lost as a result. But unlike big high street names that have disappeared from the high street for good during the pandemic – such as TopShop and Debenhams – Gap said it would still have more than 50 stores in the UK and Ireland.
The pizza chain said it wants 5,000 people to fill roles as pizza chefs or delivery drivers because demand is not slowing down despite the economy reopening.
When lockdown loomed last year, one of my sons, who works for a City firm, popped into a branch of the men’s clothier TM Lewin at Canary Wharf in London.
He bought a new suit, sports jacket and some of the famous shirts it makes which are popular among workers in the financial community.
He simply could not do that today. For the business which opened its first shop in the capital in 1898 no longer has any stores at all.
It is the victim of a private equity firm that swooped in May last year and bought TM Lewin as it was struggling during the pandemic. Within just two months the new owner announced it was closing all the firm’s 66 stores.