Full list of 23 Select Fashion stories to close this weekend

Mandatory Credit: Photo by Dinendra Haria/Shutterstock (9990255a) Shoppers walk past the Select store in Wood Green, North London as it gets ready for Black Friday Event with huge savings. Black Friday preparations, London, UK - 22 Nov 2018
Select is closing 23 stores this weekend (Picture: Dinendra Haria/Shutterstock)

Struggling retailer Select Fashion is set to shut 23 shops across the country this weekend.

The chain is on the verge of collapse and has called in advisors to oversee its liquidation, according to documents seen by The Sun.

The firm has been quietly closing stores since the beginning of the year, but this appears to be the biggest chunk in one weekend.

Select entered into a company voluntary arrangement last year. This is where a struggling business pays off debts to creditors over a fixed period of time while still continuing to trade.

The process was overseen by restructuring specialist firm Moorfields, who are now overseeing the liquidation.

The Select set to close this weekend are in:

South Shields

Peterlee

Hartlepool

Middlesbrough

Preston

Accrington

Scarborough

Hull Hessle

Hull St Stephens

Birkenhead

Runcorn

Scunthorpe

Coalville

Bletchley

Merthyr Tydfil

Port Talbot

Newport

Cowley

Hemel Hempstead

Bristol Broadwalk Shopping Centre

Bristol Broadmead

Eastleigh

These branches have already closed:

Thornby

Ashton-under-Lyne

Crewe

Worksop

Wolverhampton

Kidderminster

Wellingborough

Chippenham

Hatfield

Witham

Southampton

Torquay

Select, which focuses on womenswear, is one of several high street chains either trimming down the size of their business or shutting all together due to falling profits.

Julie Fisher, the UK CEO at Simply Business, told Metro that current economic conditions are changing the face of the country’s high street.

‘There are all clear signs that our high streets, as we know them, are under threat, and will become unrecognisable without intervention.

‘Many high street staples could disappear – from newsagents to fishmongers, 132,945 small businesses are at risk of permanent closure within just 15 years.’

She added that the government budget is having an impact on our high street.

‘Cuts to business rates relief and increases to employers’ National Insurance contributions, alongside other tax changes, are leaving many on the brink,’ she said.

‘With falling footfall and rising costs, it’s not just big retailers suffering – independent businesses are bearing the brunt.

‘Small business owners must continue to demonstrate the adaptability, creativity, and resilience they’re known for.’

She urged the government to create conditions for small businesses to thrive.

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