Edinburgh Woollen Mill saves Peacocks, but ten North East stores close

Graham Soult

Retail consultant, writer, blogger; helping retailers via CannyInsights.com and CannySites.com. Say hello on Twitter at @soult!

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9 Responses

  1. Jonny Rowntree (@JonnyRowntree) says:

    This is bad news. I love Peacocks clothing so it is a shame that my local one in Killingworth is closing, as well as the one on Northumberland Street.

    As I live near the Killingworth store, I’ll keep you updated on when it closes. I feel bad for the staff who lose their jobs.

  1. February 28, 2012

    […] store opened its doors in the town’s former TJ Hughes premises – following on from the closure of the nearby Peacocks and Sony Centre stores earlier in the […]

  2. March 26, 2012

    […] As far as the impact on the North East’s high streets are concerned, some of the stores closed today – such as Durham’s Prince Bishops and Jarrow’s Viking Precinct – are in good locations with low retail vacancy rates, and shouldn’t struggle too much to attract new occupants. In other cases, however, the closures heap extra pressure on retail centres that are already having to work hard to stay afloat, some of which – such as Peterlee – have already lost their Peacocks store just a month ago. […]

  3. April 5, 2012

    […] proposition, and the promise of many more shops and eateries to come once Trinity Square opens, the recent closure of the town’s Peacocks store (below), right next to Wetherspoon’s, is especially disappointing. With the adjacent […]

  4. June 8, 2012

    […] less positive. Though further stores could, in theory, be acquired by other retailers, a swift Peacocks-style shutdown of the leftover estate is surely more likely. In the North East, these locations are as […]

  5. June 20, 2012

    […] Woollen Mill acquired 395 Peacocks stores out of administration in February, but 224 shops – including Gateshead, and nine others in the North East – […]

  6. August 7, 2012

    […] has been dwindling. Even Peacocks, another value fashion rival, still has 400 stores following its recent rescue by Edinburgh Woollen Mill: more than 12 times the size of Ethel […]

  7. August 14, 2012

    […] Peacocks took over the 7,251 sq ft unit just nine months later, and the store was one of the 395 rescued by the Edinburgh Woollen Mill – along with another ex-Woolworths in nearby Felixstowe (#432) – following […]

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