Hobbycraft closing another three stores starting tomorrow with up to 70% off

Hobbycraft is set to close another three stores starting this weekend, with discounts of up to 70% off launched.

The high street arts and crafts retailer will close down its Crayford store this Saturday (September 20) followed by its King's Lynn branch on Monday (September 22) and its store in Stafford next Sunday (September 28).

Hobbycraft is running sales of up to 70% off to clear stock at these stores, meaning shoppers could bag a discount before they shut for good.

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Hobbycraft is currently undergoing a major restructure of its business and has already shut at least 15 stores as part of this process. This includes branches in Chichester and Maidenhead, which closed on Thursday this week (September 18).

The company is owned by private equity firm Modella Capital, which said the closures are necessary to secure the future of at least 99 stores and 1,800 jobs across the business.

Hobbycraft chief executive Alex Wilson said: “While it's always tough to say goodbye to some of our stores – and this is always a last resort – we believe these changes will set us up for an even brighter future.

"We're investing in our online business, exploring exciting new ways to reach customers such as Hobbycraft TV, and remain committed to inspiring creativity across the UK...

"Making these changes now is a necessary step to ensure we can keep our doors open to hobbyists and crafters up and down the country for years to come."

It comes after beauty chain Bodycare collapsed into administration earlier this month. At the time, the retailer confirmed it was shutting 32 stores - but it then went on to announce another 30 closures.

Bodycare has around 85 shops left after these latest closures. The company was founded in 1970 on a Lancashire market stall by Graham and Margaret Blackledge, but has been owned by Baaj Capital since 2021.

Meanwhile, budget retailer Poundland was recently sold to private equity firm Gordon Brothers for just £1 and had announced plans to close 68 stores - but in an update this week, the business revealed that 11 of these closures have been put on hold.

Poundland said there is no change to its overall expectation that in time as leases expire, its number of stores will reduce to around 650 to 700 stores. Poundland had 800 branches at the beginning of its restructure process.

Full list of Hobbycraft closures

• Crayford - closing September 20
• King's Lynn - closing September 22
• Stafford - closing September 28
• Bagshot - CLOSED
• Basildon - CLOSED
• Borehamwood - CLOSED
• Bristol Imperial - CLOSED
• Bromborough - CLOSED
• Canterbury - CLOSED
• Cirencester - CLOSED

• Chichester -CLOSED

• Dunstable - CLOSED
• Epping Forest - CLOSED
• Lakeside - CLOSED
• Maidenhead -CLOSED
• Southport - CLOSED
• Stratford Upon Avon - CLOSED

• Wigan - CLOSED