Party Supplies, Supplies & Parties Source News
A party supplies store in the Netherlands has announced it will be closing its doors after 20 years in business.
The party supplies retailer, which also sells other products like furniture and electronics, said it would be closing after 20 months in business, as it was “too busy selling everything from house decorations to beer.”
The store had been open for 15 years, but had seen “an enormous increase in demand”, the company said.
“We are in need of the company to move on,” said a spokesman for the company, who did not wish to be named.
“After 20 years, we don’t have a choice,” he added.
“In the meantime we are planning to close up shop.”
The closure of the store comes as more retailers and businesses in the UK have announced plans to shutter shop and cut back on the number of staff they employ.
The British Retail Consortium (BRC) is planning to cut back its staffing in the next two years, with a focus on reducing the number and scope of retail jobs.
In a statement, BRC said that its aim is to “remain at the forefront of the global retail revolution”, adding that it “will always remain committed to the growth and quality of our workforce.”
In a similar move, Amazon announced it would close its US operations.
The online retail giant said that the decision was based on the fact that “increasingly, our stores and their employees are on the fast track to being self-service”.
“This is why we are announcing our plans to scale back in the US,” the company wrote.
The BRC is a not-for-profit organisation that runs nearly 80 million members across more than 100 countries, according to its website.
It has more than a million members in the United States, which it describes as “the most popular place in the world for online retail”.
Amazon said in a statement that the company was “working closely with the BRC to ensure we can continue to support our members”.
“The decision is a significant step forward in our efforts to increase our workforce to meet our customers’ expectations and meet the ever-increasing demand for online shopping,” the statement read.
“It is important to note that Amazon is not abandoning the US market and our members in many cases will continue to be able to shop in their stores.”
The US has seen a spike in online shopping in recent years, as consumers and retailers alike have sought cheaper, faster and more convenient alternatives to brick-and-mortar retailers.
Amazon announced earlier this year it would begin selling items online in the country, but the retailer has faced criticism over its pricing policies, particularly for clothing.
In the past year, the retailer’s stock has also come under fire for not disclosing that it was buying a US patent for a wireless microphone.
The US-based company has said it will continue its expansion of the world’s largest e-commerce market, but also warned that it would stop selling in certain areas.
In an interview with Bloomberg, Amazon chief financial officer Brian Olsavsky said that “if you’re in the middle of a recession, and you’re buying things from the same retailer and that retailer is not selling them at the same price you’re paying, then you might as well just shut your store down and go to another retailer.”