Mobile retailer Carphone Warehouse has announced that it will close all 531 standalone stores across the UK, including the 13 in Lincolnshire.
The 305 in-shop stores at Currys/PC Worlds will remain open, sparing around 40% of the company’s current workforce.
Despite this, 2,900 jobs are expected to be lost as a result of these closures.
In a statement released on Tuesday, March 17, Dixons Carphone have declared that the decision is based on financial grounds, not the recent coronavirus outbreak.
The decline of mobile business, outlined in a December 2018 strategy, is a result of an increase in buying online or from larger stores, according to the firm.
Group Chief Executive Alex Baldock has said: “Customers are changing how they buy technology, and Dixons Carphone must change with them.
“Clearly, with unsustainable losses of £90 million expected this year, mobile is currently holding back the whole business.
“There’s never an easy time for an announcement like this, but the turbulent times ahead only underline the importance of acting now.”
When discussing the effect that redundancies will have on staff, Baldock stated that the company will “treat everyone with honesty, respect and care.”
“We’ll pay enhanced redundancy, any bonuses, honour their share awards, and help them find new jobs through an outplacement programme.
“We recognise our responsibilities towards our colleagues and communities, and intend to fulfil them.”