A popularfashion chain is closing another one of its stores for good today. The budgetretailer Select announced that its branch in Grantham would be closing on May 10.
The announcement of the move came in the form of a post on the branch's page. The post read: "It is with a heavy heart that we tell all our lovely customers that our store will be closing.
"As far as we are aware our last trading day is May 10. I just want to take a minute to say thank you for all your support over the years."
Locals took to the comments to share their frustration, with one saying: "We will soon have no clothing stores left in Grantham."
Earlier this year, Select closed 35 of its 83 UK stores, which impacted 40 staff members. The retailer then and the chain's brand and 48 stores - including the Grantham site - were then taken over by Essence Fashion Limited.
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The agreement gave Essence Fashion Limited permission to operate and manage the business under the Select Fashion name for a period of six months, with an option to acquire the company's assets.
The reason for the closure of the site has not been confirmed. However, it is important to note that retailers close stores for a variety of reasons, and it doesn't just mean they are in trouble.
Some close because the tenancy has come to an end on the site, or because the branch is not as profitable as others. Essence Fashion Limited has not issued an update on Select since taking over last month.
Select Fashion - which sells a range of women’s clothing, accessories, and footwear - first emerged on the British fashion scene in the 1980s.
Select fell into administration back in 2019 blaming "tough" conditions on the high street. At the time, this put 1,800 jobs and 169 stores at risk. It was later bought out of administration by Genus UK Limited, who also fell into administration in 2022. The fashion chain was then subsequently owned by Turkish businessman Cafer Mahiroglu.
In 2024, it operated around 100 stores nationwide, however in the summer the chain entered into a Company Voluntary Arrangement (CVA). A CVA allows a business to pay off its debts over a fixed period of time while still trading. It's a common way to help struggling businesses and often it involves things such as negotiating rental costs with store landlords.
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