10 iconic high street brands close hundreds of stores — with more at risk

Britain’s high streets are bracing for another difficult year, with more than 150 shop closures already confirmed for 2026. Banks, clothing retailers and household-name brands are among those affected, reflecting the mounting pressures facing the retail industry.

The losses mark another blow for town centres, shoppers and staff across the UK, following the closure of hundreds of iconic stores in 2025. Across the country, major names — from discount shops to fashion chains and restaurants — either shut their doors or entered administration, affecting thousands of jobs.

From beloved stores to familiar national chains, here are 10 iconic high street brands that have plans to close stores — or have already shuttered up shop.

Claire's store in London, UK

Claire’s

Claire’s UK & Ireland business entered administration in August 2025, shortly after its US parent company filed for bankruptcy.

A private equity firm, Modella Capital, acquired 156 stores, securing jobs for many employees. However, 145 stores were not part of the deal and were slated for closure, with closing-down sales set to start in late 2025, affecting more than 1,000 employees.

(Image: Getty)

WH Smith store shop closed awaiting change of signage to TG Jones, Devizes, Wiltshire, England, UK

WHSmith

WHSmith, the historic newsagent, sold its high street arm to Modella Capital in March 2025, effectively disappearing from high streets.

Some 20 stores across the UK closed immediately, while the remaining 464 are being rebranded as TG Jones. However, WHSmith stores will still remain open in airports and train stations.

(Image: Getty)

Closed Down Poundland In London

Poundland

The discount retailer is on track to have closed around 130 stores by February 2026 as part of a restructuring, and is currently drawing on a £30 million emergency overdraft from its former owner, Pepco.

The chain was rescued last summer by investment specialist Gordon Brothers for just £1 in a deal. Since then, warehouses and underperforming stores have been closed, with clearance sales of up to 40% running at locations earmarked for shutdown.

(Image: Getty)

Cancer Research UK Charity shop and Cash Generator shop Great Yarmouth Norfolk England.

Cancer Research UK

The favourite high street charity shop, Cancer Research UK, which currently has 600 shops, has announced the closure of 88 of them by May 2026.

The organisation has put this down to escalating operational expenses and shifting shopping habits. The two-year programme could result in “up to 100 more” outlets closing by April 2027, trimming its portfolio to approximately 320 shops. However, the charity intends to launch 12 ‘superstores’ by 2028 in retail parks.

(Image: Getty)

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