Sunny

Sunny

max temp: 27°C

min temp: 16°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

Post Office services to return to Yoxford

The Post Office in a Suffolk town is moving to new premises, and will offer longer opening hours.

Dame Fiona Kendrick:, chief executive of Nestlé  UK & Ireland

Food giant Nestlé has announced plans to close its defined benefit pension scheme, sparking the threat of industrial action.

The Treasury has sold another 1% stake in Lloyds Banking Group.

The taxpayers’ stake in Lloyds Banking Group has fallen to below 16% after the Government sold off another tranche of shares.

The installation of solar panels on the roof of Precision Marketing Group's premises in Lamdin Road, Bury St Edmunds

A Suffolk-based firm will be among the organisations taking part in a nation-wide celebration of solar energy tomorrow.

Candy Gaga'’s Wanda Hewell, right, and daughter, Cherish.

Tower Ramparts in Ipswich now has its very own castle – thanks to the success of a local sweet shop business.

Stansted Airport

A report into the future of Britain’s airports does not rule out a second runway at Stansted – and raises fears of extra night flights to the Essex airport.

Growth in manufacturing eased last month  to its slowest level in two years.

Britain’s manufacturing sector grew at its slowest pace in more than two years last month, impacted by subdued demand from Europe.

Speedy Hire
 has warned that its results for this year will come in

Tool rental business Speedy Hire saw nearly a third of its stock market value wiped off after it announced the shock departure of its chief executive and warned over a major blow to full year profits.

Greene King chief executive Rooney Anand.

Pubs and brewing group Greene King today posted another year of record revenues, with sales within its key Retail division topping £1billion for the first time.

Suffolk Coastal considers convenience store bid

Planning chiefs have responded to concerns about noise and antisocial behaviour arising from proposals for a new convenience store in Kesgrave by insisting on closing times being brought forward an hour and the installation of a barrier to restrict overnight parking.

Most read

Most commented

Topic pages