High street retailer Tiger announces that it is set to close both North East shops
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Tiger has confirmed that its stores in The Bridges Shopping Centre in Sunderland and Eldon Square in Newcastle will close at the end of September.
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Hide AdBosses at Flying Tiger Copenhagen, the company who runs Tiger, have revealed that the company has carried out a review of their property portfolio and the decision to close both stores was made on the back of that.
In a statement, the managing director of Flying Tiger in the UK & Ireland, Michael Burke said: “We can confirm that our Newcastle and Sunderland stores will be closing at the end of September.
“We have carried out a review of our property portfolio and regrettably decided on the option to close these two stores.”
Tiger becomes the latest high street chain to announce job losses, with WHSmith announcing last week that over 1,500 jobs will be cut due to low customer numbers following the Covid-19 lockdown.
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Hide AdOther retailers such as Boots, Debenhams and Marks & Spencer have all previously revealed possible job losses as the UK continues to recover from the coronavirus crisis.
It is unknown how many jobs in the North East will be affected by the Tiger store closures at the end of September.