Clas Ohlson the latest in retail exodus from Whitgift Centre
Great shame 😞
M.T. WALLETTE, our shop-till-she-drops retailing correspondent, on the latest nail in the coffin of the town centre mall
The development blight suffered in the town centre over the last five years since Gavin Barwell and Boris Johnson brought Westfield to Croydon continues and if anything is accelerating, with Clas Ohlson the latest big shop to announce it is quitting the Whitgift Centre.
On their way out: Clas Ohlson is to close in Croydon
The announcement came in the company’s annual report this week.
It is part of a £6.4million cost-cutting exercise which, the Swedish company says, is a consequence of poor trading conditions in 2016 and the rise of internet shopping – two trends which will do nothing to inspire confidence that Hammerson or Westfield, the “partners” on a £1.4billion regeneration project, will be in any rush to bring forward their plans for Croydon.
With most lease-holders in the Whitgift…
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