Article 6Y45N River Island plans to close 33 stores, putting hundreds of jobs at risk

River Island plans to close 33 stores, putting hundreds of jobs at risk

by
Sarah Butler
from World news | The Guardian on (#6Y45N)

Family-owned company blames migration of shoppers' to online and higher costs as it tries to stem heavy losses

River Island plans to close 33 of its 230 stores and a further 71 are at risk under a restructuring programme that could put more than 1,000 jobs on the line.

The family-owned company, which employs about 5,500 people, blamed a migration of shoppers from the high street to online" and higher costs for the need to make the drastic changes to stem heavy losses.

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