Farmfoods closes Banbury store as part of ongoing retail challenges

Farmfoods will permanently close its Banbury store today, following a 50% sale. This closure is part of a trend, as the chain has recently shut other locations, including one in Sutton last October. The Banbury store's closure is attributed to the landlord's plans for redevelopment. Farmfoods aims to find a new location in the town but has not provided details on staff layoffs or future openings. Other retailers are also closing stores, including WHSmith, which shut its Basingstoke location on February 1. The trend reflects challenges in the retail sector, including rising costs and competition from online shopping.