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Fenwick in Leicester is to close, it was announced on Thursday morning.

The store, in the Market Street area of the city, is part of the Fenwick chain of department stores.

A spokesman said the traditional city centre retail area, that is a key part of Leicester's history, has seen much of its once thriving footfall diverted to Highcross and Fosse Park "which are served by modern, purpose-built car parks".

The company said that other areas in the city, such as Gallowtree Gate and Granby Street, have been affected in the same way. It added that the rise of online shopping had also affected trade for all retailers on the high street. The shop, acquired in 1962, is to close in the coming months.

A Fenwick spokesman said: "Together, these factors have meant the store has been unable to perform in line with expectations, despite the best efforts of the Leicester store management and employees.

"Fenwick will now begin a consultation period with its employees. During this time the store will continue trading as normal under the leadership of David Illingworth."

Mark Fenwick, said: "This has been a very difficult decision for us, as we have been committed to serving the people of Leicester for over 50 years, but the challenging trading environment and gradual loss of footfall, has made it impossible for us to find a way forward that enables the business to trade successfully. Looking after our Leicester employees and customers will now be a top priority."

Store Director David Illingworth added: "I want to take this opportunity to thank our outstanding members of staff, many of whom I've had the pleasure of working with for over 20 years.

"The situation we find ourselves in is in no way a reflection of their commitment and I will now be focusing all of my energy on ensuring they are fully supported throughout the consultation process." The Mercury does not yet know how many employees are affected by the closure, but will provide updates as soon as we have them.