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Clas Ohlson to close Newcastle store

Clas Ohlson store 10 725 x 500

Clas Ohlson's Newcastle store, located on Northumberland Street, has started selling off goods at a 60% discount ahead of its closure.

Eighteen jobs will be lost when the store closes its doors for the final time on March 19th. .

A Clas Ohlson spokesperson said: “We can confirm that as part of our next step in the optimising of the UK store network, our Newcastle store will close on Sunday 19th March.

“Like every retailer, we constantly review our business and our network of stores. We have closed a number of stores in the UK that have not met expectations in terms of sales and profitability.

“18 colleagues have been affected by the Newcastle store closure. During this difficult time for our colleagues, we are supporting them in the very best way we can personally, financially and including offering relocation opportunities where we have vacancies in our existing locations.”

Last year, Clas Ohlson confirmed plans to close over half its UK store network, at a cost of £9.3 million.

Outlets in Cardiff, Norwich, Doncaster, Leeds and Watford were earmarked for closure at the time, and negotiations were under way at other locations, although it is not yet known if the Newcastle store was one being considered as part of that original list of seven.

Clas Ohlson said the closure programme would cost it about £9.3m.

Source : Insight DIY

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14 March 2017

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