Partly Cloudy

Partly Cloudy

max temp: 18°C

min temp: 11°C

ESTD 1874 Search

Dovercourt: Menswear retailer Coes decides to shut branch following five break-ins and high street decline

17:41 19 February 2013

William Coe with a selection of ties at Coes in Ipswich.

William Coe with a selection of ties at Coes in Ipswich.

A PRESTIGIOUS menswear store in Dovercourt is set to close at the end of June following a string of costly break-ins.

shares

The owners of Coes in Dovercourt, which has traded since 1979, also blamed the decline of the town’s high street for its decision.

The third generation family retail chain, which also has branches in Felixstowe, Maldon, Lowestoft and a flagship store in Ipswich, said none of the other stores were affected by the decision and would continue to trade as normal.

Owner William Coe said: “It is with great sadness that we have taken the decision to close our Menswear Shop on the High Street later this year,” he said.

“We will be opening normally throughout the spring and into summer and will cease trading in Dovercourt by the end of June 2013.

“We have decided to do this due to a number of extenuating reasons, which include the decline of the town’s high street offer and also because of the high cost we are incurring in insurance and security as a result of multiple break-ins over the past year - five in total.”

Mr Coe, who said the business would be investing in all of the other stores this year, added that three of the four staff at Dovercourt are set to transfer, with the fourth to retire.

The clothes retailer said it was continuing to expand as a group and the Ipswich store had recently undergone a million pound redevelopment that has modernised the premises and expanded the selection.

“Our menswear business in Maldon is also thriving, having added new brands such as Gant, Tommy Hilfiger and Lacoste,” said Mr Coe.

“We have been committed to Dovercourt for over 30 years and its closure has not been an easy decision to reach. Thankfully there should be no redundancies as our manager and two of the staff will be able to transfer to Coes at Ipswich, whilst the fourth member of the team will be retiring. I would like to thank them for all their efforts in serving our customers and the local community.”

shares

1 comment

  • Having no police presence,Dovercourt has become a thieves' and vandals' paradise. I don't see our new police commissioner addressing this problem.

    Report this comment

    JOHN BURLS

    Tuesday, February 19, 2013

A computer-generated image of how the Sizewell complex will look after construction of Sizewell C.

Development of Sizewell C took a huge step forward today as the companies were announced that will build its sister nuclear power station in Somerset.

Gary Allen, operations manager,  with Diane Allen and Graham Allen at Ipswich-based Ajax Domestic Spares which is celebratiing 40 years in business.

Ajax Domestic Spares has marked 40 years in business in style by launching a new showroom in Foxhall Road, Ipswich.

Lloyds has added £1.4billion to its bill for compensating customers mis-sold payment protection insurance.

State-backed Lloyds Banking Group’s provision for payment protection insurance mis-selling has topped £13billion after it yesterday took another £1.4billion hit over the scandal.

The Great House restaurant with rooms in Lavenham.

An award-winning Suffolk restaurant has gained another accolade after being ranked the 26th best in the country.

Gavin Patterson, chief executive of BT.

Photo: BT

BT is to pay out up to £129million to extend the Government-led roll-out of superfast broadband, after a bigger-than-expected take-up of the service.

Centrica has reignited controversy over high energy bills by announcing a 44% increase in first half profits at its British Gas retail division.

Energy giants Royal Dutch Shell and Centrica today revealed plans to axe a total of more than 12,000 jobs.

The Willis building in Ipswich.

Around 200 people are to lose their jobs at the Ipswich office of global insurance broker and risk management group Willis.

Christopher Hayman of Hayman Distillers with his children Miranda and James.

Essex gin maker Hayman Distillers is celebrating after winning a Gold award at this year’s International Wine and Spirits Competition (IWSC).

Bakery chain Greggs saw like-for-like sales rise 5.9% in the six months to July 4.

Higher breakfast sales and a bigger range of healthier products helped Greggs grow underlying profits by 51% in the first half of the year.

Barclays chairman 

John McFarlane.
Photo: VisMedia

Barclays boss John McFarlane today signalled plans to ramp up growth, squeeze costs and streamline the business after announcing a 25% rise in first half profits.

Most read

Most commented

Topic pages