Store shuts after 27 years; nearby Ramsgate said to be thriving.
F. Hinds will close its retail shop on the High Street, Margate, on June 22, after 27 years of trade.
The UK-wide retailer has chosen to close the store after a decline in trading and footfall at the store, possibly due to the opening of nearby shopping centre Westwood Cross.
F. Hinds property director Neil Hinds said of the news: “We are very disappointed to be leaving Margate after 27 years. The steady decline of trade in the town over the past decade or so has finally made the shop un-viable and we recently decided that it was not possible to continue.
"It is especially disappointing to have to leave as we have been expanding as a company nationally and opening more branches in a variety of locations despite the downturn. We believe Westwood Cross has been a factor in Margate’s decline as a shopping destination; however we have found Ramsgate to be more resilient than Margate and our branch there continues to prosper."
One member of the Margate store’s staff has been transferred to another F. Hinds’ branch while three full-time and two part-time staff members are currently exploring transfer options, but face the possibility of redundancy.
Hinds added: “We have had a shop in Thanet since 1947 and expect to offer the choice, value and service that our customers here and elsewhere have come to expect for many years to come.”