Rent-to-own retailer BrightHouse is to close a swathe of high street stores, resulting in hundreds of job losses. Rent-to-own retailer BrightHouse is to close a swathe of high street stores, resulting in hundreds of job losses. The closures come amid a perfect storm of challenges to the high street, as well as tighter regulation on rent-to-own retailers. In 2017, BrightHouse paid out £14.8 million in redress to 249,000 customers after the FCA found it did not act as a “responsible lender”. The full list of BrightHouse stores closing:AylesburyBasingstokeBognor RegisBromleyCowleyDunstableEcclesGravesendHaverfordwestHigh WycombeLeeds MerrionMacclesfieldMaidstoneNewarkNewport (IOW)NuneatonPerthRugbyScarboroughSeahamSelbySouthportStaffordStirlingThetfordTrowbridgeWatfordWeymouthWhitehavenYeovilPress Association

Source: Irish Independent February 06, 2019 14:03 UTC