River Island confirms closure date for store in popular street | UK | News
River Island confirmed the closing date of one of the popular branches, as he progressed with a large restructuring plan that would see that he disappeared from the England High Street. In total, 33 River Island stores throughout England will close until the end of January 2026 under the plan that received approved from the High Court in the near future. The company, which has more than 250 stores in the UK, said that the decision came in response to changing consumer habits and increasing costs and that the person who shopping more is now turning to online platforms.
One of the branches allocated for the closing is Edinburgh’s iconic Prince Street, an important shopping target in the capital. A notification in the shop window increased and confirmed that it would close its doors on Friday, September 5th.
The notification says: “This store will close on Friday, September 5th. Please visit us online at Riverisland.com.
33 valves are expected to cause approximately 110 job losses. River Island also wants rent reduction from homeowners in 71 other stores, in some cases, while trying to reduce costs and avoid further losses, he wants renting.
At the end of 2024, River Island described 2024 as a “reset year for business” after 32.3 million £ 32.3 million for the year ending on December 30, 2023.
This was a sharp decline from £ 7.5 million in the previous year. According to the House of Companies, sales fell 15% in 2023.
River Island CEO Ben Lewis said the restructuring plan approved on August 8, 2025: “We are pleased that River Island’s restructuring plan is approved by the Supreme Court.
“We have a clear transformation strategy to ensure the long -term applicability of the business, and this decision offers a powerful platform to offer us it.
“The latest developments in our fashion proposal and shopping experience begin to show the results and the restructuring plan will enable us to align our store property according to the needs of our customers.
He continued: “We are grateful for our suppliers, hosts and other stakeholders for their constructive participation and share the confidence in the future of River Island.”
