River Island to close Ayrshire store by end of January

River Island <i>(Image: PA MEDIA)</i>
River Island (Image: PA MEDIA)
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A MAJOR UK fashion chain is set to close one of its Ayrshire stores by the end of January.

River Island will shut its Kilmarnock shop in King Street early next year, as one of 33 sites to close across the UK.

The retail giant's Ayr store is currently not impacted by the proposed closures.

Besides the closures, rent reductions and debt will be written off for 71 stores as part of a major restructuring.

River Island currently has more than 200 shops nationwide and employs around 5,500 staff.

Ben Lewis, CEO of River Island, said: "We have a clear transformation strategy to ensure the long-term viability of the business, and this decision gives us a strong platform to deliver this.

"Recent improvements in our fashion offer and shopping experience are starting to show results, and the restructuring plan will enable us to align our store estate to our customers' needs.

"We are grateful to our suppliers, landlords and other stakeholders for their constructive engagement and shared confidence in River Island's future."

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