Several jobs in Gedling borough could be under threat as a major footwear retailer announces plans to close stores across the country.
Shoe Zone has 297 stores across the UK including including a branch on Arnold’s Front Street.
A spokesperson for Shoe Zone said it will close stores that have now become unviable blaming Labour’s budget plans.
There are also shoe shops in Malvern, Kidderminster Bromsgrove and Redditch.
Shoe Zone has already closed one-third of its shops in the last four years, dropping from 460 locations in October 2020.
Several loss-making stores in the UK have already closed in 2024, with 53 shops closing between January and September this year, while only 27 new locations opened in the same period.
In a statement, the group said the Chancellor’s move to increase employers’ National Insurance contributions and the minimum wage has led to significant additional costs.
“These additional costs have resulted in the planned closure of a number of stores that have now become unviable.”
The number of stores that could close and the number of jobs that are at risk has not been revealed.
