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Popular Oxford Street retailer closing down marking latest blow to iconic London shopping street

Cool Britannia is closing its flagship Oxford Street store, joining other major retailers like Microsoft, Gap, and House of Fraser that have recently left the iconic shopping street. While Oxford Street's vacancy rate is low, other stores like Urban Outfitters and Zara may also face relocation or closure. This closure reflects a broader trend of retail store closures across the UK, with over 13,000 shops closing in 2024.
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