B&M has announced it will be shutting four of its shops over the next coming weeks - with one in Scotland set to close its doors.
The failing popularity of the high street is responsible for many retailers being forced to close down recently. However, this is not the case for this instance, bosses have said.
Instead it's because of additional stores opening and other "additional factors" that mean certain shops will shut. One of the units in England has already closed this year, with three more planned for 2023.
The Mirror reports that the B&M store that's currently based at Queens Drive Retail Park in Kilmarnock is currently transitioning over to its new site at Glencairn Retail Park.
The new B&M store opened on Saturday, February 4, and the older site will stop trading towards the end of this month on March 26.
It's set to sell food and non-food items and the service yard at the rear changed to form a garden centre. The megastore will sit alongside Dunelm, Poundland, Food Warehouse, TK Maxx, Halfords and Greggs.
Elsewhere in the UK, the other B&M stores set to close are as follows:
Maesglas Retail Park in Newport, Wales - March 4
Broadwalk Shopping Centre in Bristol - Early April
Castlegate Shopping Centre in Stockton - Closed on February 25
As of 2023, the bargain retailer has over 700 stores across the UK and you can use its store finder to find your nearest location.
Discount stores such as B&M Bargains and Home Bargains have always been widely popular but since the cost of living crisis many are turning to these types of retailers to cut their costs at this time.
In November last year, B&M reported a 1.8% increase in sales in its six-month trading update and the retailer's chief executive Alex Russo said the chain wanted to continue to support customers with their discount pricing.
He said: "We will do our very best to help them weather the cost of living crisis”.
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