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flag UK retailers face crisis; up to 17,350 stores may close by 2025, threatening 202,000 jobs.

flag UK retail giants like Poundland, Superdrug, Marks & Spencer, and Hobbycraft are closing numerous stores due to financial pressures, with estimates predicting 17,350 stores could close by 2025, leading to up to 202,000 job losses. flag High rents, business rates, and a decline in casual shopping are blamed for the crisis. flag Several closures are scheduled for August and September in various locations across the UK.

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