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Dobbies UK garden center chain plans to close 17 stores due to high rent costs and improve profitability.
Dobbies, a UK garden center chain, plans to close 17 stores, including 11 larger sites and six Little Dobbies, due to high rent costs and to improve profitability.
This will affect 465 of its 3,600 employees, leaving 60 centers operational.
The closures are expected by year-end, pending restructuring plan approval.
Dobbies is also negotiating temporary rent reductions for nine other locations.
The company is under the management of Ares Management, an American investor.
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Dobbies UK Garden Center chain planea cerrar 17 tiendas debido a los altos costos de alquiler y mejorar la rentabilidad.