02.02.2026 11:10
With over 200 stores and 5,500 employees, River Island, one of the UK's established ready-to-wear brands, has decided to permanently close 11 of its stores this weekend due to the acceleration of online shopping and rising operating costs.
River Island, one of the UK's established ready-to-wear brands, has decided to permanently close 11 of its stores this weekend as part of its restructuring process.
The decision to close River Island's stores is one of the latest examples of the retail sector struggling with rising operating costs and the accelerated shift towards online shopping in the UK. The 11 stores to be closed were identified as part of the company's previously announced plan to close 33 stores.
200 STORES, 5,500 EMPLOYEES
According to a report from around the world, River Island, which has over 200 stores across the UK and Ireland, employs approximately 5,500 people. Company officials state that the decisions made aim to protect the financial structure and prevent a deeper crisis.
MEASURES AGAINST BANKRUPTCY PROTECTION
River Island announced its restructuring plan, which includes the closure of some stores, to the public last August. It is stated that the steps taken are aimed at preventing the company from entering bankruptcy protection. Additionally, it has been reported that agreements have been made to pay lower rents in 71 more stores as part of the plan.
DIGITAL EMPHASIS FROM THE CEO
River Island CEO Ben Lewis reminded that the brand has a long history on British high streets, stating that the rapid shift of consumer habits towards digital channels is putting pressure on the current store structure. Lewis expressed that this transformation has inevitably pushed the company towards restructuring.