Monsoon Accessorize is reportedly set to close its store in Peterborough.
The Queensgate Shopping Centre store, which is made up of two brands - Monsoon and Accessorize - both owned by Adena Brands, is expected to cease trading next week.
The shop is set to shut on Thursday, May 23, the Peterborough Telegraph reports.
It's understood another retailer is looking to move into part of the store.
GB News has contacted Monsoon Accessorize asking for comment.
In other store closure news, Marks and Spencer confirmed its site in High Street West, Sunderland, will shut on May 25 this year.
M&S will open a new store at the Washington Galleries shopping centre in the city on May 30.
Full list of M&S stores that are reportedly earmarked to be closed in 2024 and beyond:
- Green Street, Neath - May 2024
- St Nicholas Street, Aberdeen - 2025
- St Mary Street, Weymouth - exact date to be announced
- High Street West, Sunderland - exact date to be announced
- Maidens Walk, Hexham - exact date to be announced
- Broadway Shopping Centre, Bradford - exact date to be announced
- Exchange, Ilford, East London - exact date to be announced
- King William Street, Blackburn - exact date to be announced
- Walworth Road, Walworth, South London - exact date to be announced.
M&S announced it intended to accelerate a major shake-up of its store estate in 2022, which would result in the closure of 67 larger shops.
However, the retailer stressed that previously announced closures will be offset by new openings as it seeks to focus more on its grocery business and online business.
Back in 2019, M&S said in the long term, it planned to cut 110 stores.
M&S also said it would open 104 more Simply Food shops, many of which would be in the same area or location as those earmarked for closure.
KFC has also announced the closure of one of its sites recently.
The popular fast food chain has shut its restaurant in Waltons Avenue in Holbury, Southampton.
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A spokesperson for KFC said: “We’re constantly reviewing our portfolio of over 1,000 restaurants and at times, this sadly means we have to close some.
“We never want to disappoint our team and loyal fans, which is why we always try to relocate our team members to other restaurants.
“Our fans can always find their next nearest restaurant on our website.”
