River Island has announced plans to close 32 stores across the UK in 2026 as part of a restructuring effort following a £32.3 million pre-tax loss. The fashion retailer, which currently operates 200 outlets and employs over 5,000 people, cited the rise of online shopping and escalating operating costs as primary challenges.
CEO Ben Lewis stated that the company has "a large portfolio of stores no longer aligned to our customers' needs." The closures will leave the retailer with 168 stores in the UK and Ireland, with no further closures confirmed at present.
The move reflects ongoing pressures on the British high street, with many retailers struggling to adapt to shifting consumer habits and rising overheads. River Island joins a growing list of brands reducing their physical footprint to focus on digital growth.
