megilleland Posted April 18, 2019 Report Posted April 18, 2019 Hereford's H. Samuel store to close By Charlotte Moreau, Ledbury Reporter The jewellery retailer is set to close this summer. THE number of empty units in High Town is set to increase with the loss of another big name shop. Jewellery chain H. Samuel have today confirmed that the company will not be renewing the lease on their long-established Hereford store. A familiar feature in Hereford's High Town, the store will permanently close its doors when its lease comes to an end this summer. An H. Samuel spokesperson said: "The H. Samuel store at 22 and 23 High Town, Hereford will close on June 22. "We continually re-assess our portfolio of stores on a store by store basis, particularly when individual store leases come up for renewal. "We are sorry to be leaving Hereford, however we do have a wide online offering." The company was keen to assure shoppers that the Hereford closure is an isolated one which bears no reflection on the future plans of parent company Signet's business estate overall within the UK but declined to comment further. The company, which was established in Liverpool in 1862, was acquired by the Signet Group, which also owns the Ernest Jones and Leslie Davis jewellery chains. H. Samuel currently has around 300 stores across the country and employs around 17,000 staff.
Tom Smith Posted April 18, 2019 Report Posted April 18, 2019 High Town leases per sq foot most expensive in the City. Most premises in the City Centre are owned by pension Companies.
Roger Posted April 22, 2019 Report Posted April 22, 2019 The jeweller is a business. It's not a Charitable Organisation. So it's leaving. I've already got over it. Especially as I haven't bought anything from there for at least 20 years!
twowheelsgood Posted April 23, 2019 Report Posted April 23, 2019 Their Ernest Jones brand is round the corner selling the higher end/more profitable stuff anyway. Their assistants have to sell/upsell £xxx worth of goods per day or they get disciplined.
Roger Posted April 23, 2019 Report Posted April 23, 2019 14 hours ago, twowheelsgood said: Their Ernest Jones brand is round the corner selling the higher end/more profitable stuff anyway. Their assistants have to sell/upsell £xxx worth of goods per day or they get disciplined. If something is more 'profitable' at Ernest Jones then you can guarantee that it's cheaper on the web. Unless it's an 'exclusive' unbeatable deal. People without knowledge of, or access to, the internet are dying off so these high street type jewellers are gonna continue to suffer.
Recommended Posts