Retailer hit by 'challenging trading conditions' and says wage and NIC changes made a number of shops 'unviable'
High Street retailer Shoe Zone said it has shut stores in response to soaring wage costs following the recent Budget measures.
Shoe Zone has reported a reduction in its predicted profit for its financial year, ahead of its annual results in January.
The Leicester, England-based footwear retailer cut its adjusted pretax profit expectations for the financial year ending in September 2025 in half to 'not less ...
Four Shoe Zone stores deemed “unviable” are set to close in Kent - but eight will remain open.
Shoe Zone said the Chancellor's move to hike employers' national insurance contributions and increase the minimum wage had led to 'significant additional ...
Shoe Zone halved its adjusted pre-tax profit guidance for the year ending 27 September 2025 to 'not less than £5 million'.
Shoe Zone, the beleaguered UK footwear retailer, has pinned the blame for a fresh wave of store closures on cost pressures stemming from October's budget ...
Shares plunge 40 per cent after retailer halves profit forecast and suspends dividend.
In its latest trading update, the discount footwear company said it had experienced "very challenging" conditions recently, due to weakened consumer ...
Shoe Zone is shutting stores following an increasing wage bill as a result of the chancellor's October budget announcement.
The potential closure of Shoe Zone stores in Basildon and Southend has prompted concern from councillors who say the shop is a lifeline for…
Retailer Shoe Zone said it has shut stores in response to soaring wage costs following the recent Budget measures as it warned over profits once…
The footwear retailer, which sells around 139 million pairs of shoes a year, has said it faces 'very challenging trading conditions'