Hobbycraft has put 126 jobs at risk with the announcement it is closing nine of its locations. This is part of wider ...

The closures will also see between 72 and 126 job losses. The restructuring will also result in redundancies at its ...

Hobbycraft has announced plans to shut at least nine stores across the UK in a move impacting up to 126 jobs as part of a restructuring effort from private equity firm owner Modella Capital.

A Hobbycraft store in Norwich is at risk of closure by the summer as plans to close nine shops have been announced.

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But if negotiations with landlords fall through and the 18 at-risk stores are also forced to close, a further 150 redundancies could follow, based on the average number of staff per store.