The rent-to-own shop on the corner of High Street and St James’ Street in Newport is likely to shut for good within the next 2 months – just 3 years after opening. It will leave the 3,000sq ft former Dorothy Perkins premises empty – another blow for the High Street.
Since lifting the shutters on 31st March 2016, Brighthouse has received a rather frosty welcome on the Island. The company sell household goods on a weekly finance plan, but customers often end up paying back a considerable amount more than the original product price.
Nationally, 350 jobs are at risk as a result of the proposed closures which come after a reported pre-tax loss of over £22million for the retailer.
A spokesperson for Brighthouse has said:
“We are working to redeploy as many people as possible into alternative roles but redundancies will be inevitable.
“We will be speaking to all customers affected by the store closures and either transferring them to another local store or serving them online. We’re also introducing PayPoint, allowing customers to pay BrightHouse in cash at 28,000 locations across the UK.”