Cancer Research UK Closes Store in Swindon, 200 More at Risk
Major UK high street chain shuts store - with 200 more at risk
Birmingham Live
Image: Birmingham Live
Cancer Research UK has permanently closed a store in Swindon, England, as part of a broader strategy to shut down 200 locations by 2027 due to rising costs and changing consumer habits. The charity aims to focus on more profitable outlets and anticipates a £12.4 million increase in retail contributions over the next five years.
- 01Cancer Research UK closed its Swindon store on April 25.
- 02The charity plans to shut down 200 stores by 2027.
- 03The decision is driven by rising costs and changing shopping behaviors.
- 04Cancer Research UK aims to increase retail contributions by £12.4 million in five years.
- 05The charity will focus on larger 'superstores' to meet demand.
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Cancer Research UK has announced the permanent closure of its store in Swindon, England, effective April 25. This closure is part of a larger strategy to reduce its high street presence, with plans to shut down 200 stores by 2027. The charity aims to streamline operations in response to rising costs, inflation, and changing consumer habits. Chief Executive Michelle Mitchell emphasized that without these changes, many shops would become unprofitable. The charity plans to shift focus towards larger 'superstores', intending to open 12 by 2028, which will cater to the demand for spacious shopping experiences. Despite the closures, Cancer Research UK anticipates a £12.4 million increase in retail contributions over the next five years, which will support its life-saving cancer research initiatives.
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The closure of stores will affect local communities by reducing access to charity shops, which often provide affordable goods and support cancer research funding.
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