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flag Hobbycraft is closing 9 stores and cutting 126 jobs amid restructuring ahead of a potential sale, despite a 6.3% sales rise in 2026.

flag Hobbycraft, a UK arts and crafts retailer, is closing nine stores and cutting 126 jobs as part of a restructuring ahead of a potential sale. flag The moves follow a May 2025 Company Voluntary Arrangement to save £10 million annually by exiting leases, aiming to protect 97 stores and 1,800 jobs. flag The company’s owner, Modella Capital, is hiring advisers to assess potential buyers. flag Despite financial challenges, Hobbycraft reported a 6.3% sales increase in 2026, citing strong online and in-store performance.

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