Major stationery chain to close ALL UK stores as high costs make business 'unsustainable'
The retailer will close multiple stores and end online trading by early 2027 after almost a decade in the UK
TL;DR
- Typo, owned by Australia's Cotton On Group, is closing all its UK stores and website by early 2027.
- The decision is attributed to high rents, rising operating costs, and weaker sales, making the business financially unsustainable.
- Approximately 13 stores across the UK will be affected.
- Cotton On Group will continue to serve UK customers through its other brands (Cotton On, Cotton On Body, Cotton On Kids) online and via wholesale.
- Typo's departure follows recent closures and financial difficulties faced by other UK retailers.