Beaverbrooks closing seven unviable jewellery store branches

Jeweller Beaverbrooks will close seven stores deemed "no longer viable," starting March 16. Five locations in England and two in Scotland will shut down, with the Birmingham Fort and High Wycombe branches closing on March 23. The closures follow a review of business performance and come after a store in Romford was closed last year. Beaverbrooks plans to open a new store in Harrogate this spring. Retailers are increasingly shutting stores due to rising costs and changing shopping habits. The British Retail Consortium predicts significant financial impacts from upcoming tax changes and wage increases.