AN ICONIC outdoor clothing company with 300 stores nationwide is closing another branch.
Customers have been rushing to the doomed shop to load up on adventure gear after a huge closing-down sale was launched.
However, today is the last day of trading Tresspass at Highcross shopping centre in Leicester.
It will close its doors for the final time on March 31.
The Leciester location slashed 60 percent off selected stock with yellow and black signs reading “everything must go” posted in the window.
The reason for the closure remains unknown, however, this hasn’t stopped locals from speculating.
Some wondered whether it may be a Leicester issue while others said the store has been on the way out for years.
“They’ve been having closing down sales for at least 10 years,” one Leicester local said.
“Far longer than 10 years, I would wager all of their shops have been having closing down sales since they were founded in 1981,” argued another person.
The outdoor retailer previously announced the closure of six UK outlets, including branches in Norwich and Sutton Coldfield in 2023.
In January, Trespass confirmed another closure with its Middlesbrough branch shutting up shop.
The shock move came just two years after the store opened, with many people believing it to be a one-off closure.
[bc_video account_id=”5067014667001″ application_id=”” aspect_ratio=”16:9″ autoplay=”” caption=”Topshop teases high street return ” embed=”in-page” experience_id=”” height=”100%” language_detection=”” max_height=”360px” max_width=”640px” min_width=”0px” mute=”” padding_top=”56%” picture_in_picture=”” player_id=”default” playlist_id=”” playsinline=”” sizing=”responsive” video_id=”6370226472112″ video_ids=”” width=”640px”]Confusion was sparked after the retailer announced the closure of several branches – however many still remain open.
It relocated the Norwich store from Chantry Place to the Castle Quarter, re-opening in November 2024.
[authenticated-scripts src=”%3Cscript%20class%3D%22palin-poll%22%20src%3D%22https%3A%2F%2Fwww.thesun.co.uk%2Fpollingwidgets%2Fv3%2Fwidget.js%3Fquestion_id%3D110788%26game%3Dpolling%22%3E%3C%2Fscript%3E” type=”embedded” width=”100″ /]The Workington location also moved to another town centre unit after initially announcing a permanent closure in 2023.
Stores close sites for a variety of reasons including when a particular branch is not performing or that a lease is coming to an end.
The UK retail industry has been struggling and it doesn’t look like it’s going to be getting better any time soon.
The British Retail Consortium has predicted that the Treasury’s hike to employer NICs will cost the retail sector £2.3billion.
Research by the British Chambers of Commerce shows that more than half of companies plan to raise prices by early April.
A survey of more than 4,800 firms found that 55% expect prices to increase in the next three months, up from 39% in a similar poll conducted in the latter half of 2024.
Three-quarters of companies cited the cost of employing people as their primary financial pressure.
The Centre for Retail Research (CRR) has also warned that around 17,350 retail sites are expected to shut down this year.