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Why would a shop repeatedly close down and then re-open?

7 replies

Time40 · 25/03/2023 14:48

About five or six years ago a new shop opened in my local city centre. It sold decorative homewares - baskets, little tables, fancy shelves, garden ornaments, etc. A few months later it had a "closing down, everything must go" sale, with everything at knock-down prices, and the shop stood empty for a while ... and then it re-opened, with identical stock. This has now happened so many times that I've lost count. It's just "closed down" again today, but I expect it will be back before too long. What on earth is going on? Is it some sort of scam?

OP posts:
ISaySteadyOn · 25/03/2023 14:55

Money laundering maybe?

Time40 · 25/03/2023 15:00

You don't have to declare certain info if your business is under a year old so businesses open, close reopen etc

Ah! I didn't know that. Yes, it could be, couldn't it?

OP posts:
Pixiedust1234 · 25/03/2023 15:00

Probably selling inferior products. You can't return items if the shop is no longer trading. It wouldn't surprise me if the "owner" was different each time too. This is why I refuse to buy anything from a pop up shop, there's zero legal support for the customers.

Otherwise money laundering.

Minimummonday · 25/03/2023 15:01

laundering or a sales technique

TheClash2023 · 25/03/2023 15:44

Money laundering. We've got one near us. Closed for most of the time, opens for a few weeks then goes again. But their accounts show a healthy profit

PumpkinPie2016 · 25/03/2023 17:08

There was a shop like this in the town where I went to uni! Sold various things- homewards, bit of stationery, small clothing items like socks/hats/gloves.

I always wondered why - maybe money laundering/avoiding bankruptcy if that's possible etc.

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