A major high street chain operating 600 stores nationwide has announced plans to close 88 of its outlets in the near future. This significant reduction in retail locations comes as the company responds to increasing operational expenses affecting its profitability. Company executives stated that the move is part of a strategic effort to streamline operations and focus on sustainable growth amid challenging economic conditions. The closures will impact various regions, with the full list of affected stores expected to be released soon. Customers are encouraged to check their local store status as the company reallocates resources to its remaining branches.