Shop closures blow for Berwick high street

The Berwick branches of Dorothy Perkins and Burton are to close this summer.

By Ian Smith
Friday, 24 May, 2019, 11:25
The Berwick branches of Burton and Dorothy Perkins.

The shops, which share the same unit on Marygate, will close on July 6.

Both belong to Arcadia, the multinational retail group.

Earlier this week is was announced that Sir Philip Green’s retail empire will close 23 of its stores – putting 520 jobs at risk – as part of a rescue plan signed off with creditors.

These store closures come in addition to the 200 stores closed over the past three years, as the firm struggles with challenging conditions on the UK’s high streets.

The reorganisation comes as part of a series Company Voluntary Arrangement (CVA), an insolvency agreement which allows troubled businesses to renegotiate agreements with lenders and landlords.

Sign up to our daily newsletter

The i newsletter cut through the noise

Ian Grabiner, chief executive of Arcadia, called the steps “tough but necessary” to mend the business.

Arcadia currently has 1,170 shops across 36 countries, though the majority are concessions or franchises. Of these, 566 are in the UK and Ireland, employing 18,000 people.

Several multinationals have left Marygate in recent years, including Claire’s, Thorntons, Edinburgh Woolen Mill, Calendar Club and Greenwoods.

While the high street is struggling, however, there have been several independent store openings on Bridge Street and Castlegate.