Shoe Zone has announced they are to close 20 stores and cut head office jobs and warned that they will be affected for years after the pandemic.
The retailer will reopen 470 out of their 490 stores across the UK by the end of the month, Wales and Scotland stores will reopen from next week.
The company took “immediate action” when the lockdown started on 23 March and cut job at the Leicester head office.
Chief executive Anthony Smith said: “Covid-19 will continue to have an unprecedented impact on the UK economy and the retail industry.
“Whilst the group has taken all possible steps to ensure that the business will survive through the crisis and continue into the future, the impact is likely to continue to be felt for several years.”
In the six months to 4 April Shoe Zone swung to a £2.5m loss compared to profits of £1m the previous year.
Leave a Comment