Cameraworld to close Chelmsford store after 20 years as high street faces challenges
Cameraworld, a popular electronics retailer in Chelmsford, Essex, will close its doors after 20 years. Customers will now need to travel to London or Stevenage for their camera needs, as the store is relocating. The closure is part of a broader trend affecting high street retailers, with many shops shutting down due to rising costs and a shift to online shopping. In 2024, over 13,000 stores closed in the UK. The British Retail Consortium predicts further challenges in 2025, with many retailers planning to raise prices. The Centre for Retail Research warns that around 17,350 retail sites may close this year, impacting jobs in the sector.