The store is no longer profitable enough to keep running
A large shop in a Nottinghamshire town will close after its waning profitability resulted in a 'difficult decision' being taken. Oxfam's large homewares store in Nottingham Road, Arnold, will close on Friday, May 19, after the international charity decided it was no longer profitable enough to justify running.
The charity's other Arnold branch, located in Front Street, will remain open. The number of job losses as a result of this decision have not been disclosed, but the organisation said it had considered the impact on staff and volunteers before making the decision. An Oxfam spokesperson said the shop was no longer raising an adequate amount of money towards the charity's goal of alleviating global poverty. “Oxfam shops exist to raise as much money as possible to overcome poverty and suffering in some of the poorest countries in the world. We constantly evaluate the profitability of all our shops, to ensure they are efficient and making the most money for Oxfam's vital work," the spokesperson said.
“We have made the difficult decision to close the Oxfam homewares store on Nottingham Road, Arnold, on Friday 19 May. However, the Oxfam store on Front Street will remain open and customers can continue to support us there as they have done so generously over the years.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man 'chased and attacked with baton' in street had to seek refuge in shop'A man has been charged with possession of an offensive weapon, assault and theft in Renfrewshire.
Read more »
Community-run shop increases its fundraising target due to gas worksA community-run shop in a Shropshire market town has had to extend its fundraising target as extended gas works have led to its revenue falling by a third.
Read more »
King’s visit to The Repair Shop wins daytime Bafta TV awardIn the one-off special, the repair team visited Charles at Dumfries House in Scotland for The Repair Shop: A Royal Visit.
Read more »
Lewis Capaldi leaves fans in stitches after 'chaotic' Chicken Shop DateThe Chicken Shop Date saw the Scottish megastar join host, Amelia Dimoldenberg, at the go-to Glasgow chip shop Blue Lagoon. The video has racked up more than 800,000 views so far.
Read more »
The Repair Shop host 'breaks down off camera' after boy's heart-wrenching storyA REPAIR Shop host ‘broke down for 15 mins off camera’ after a boy’s heart-wrenching story. The hit BBC Show’s host Will Kirk has revealed how he had to walk off set while f…
Read more »