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Halfords to close all Cycle Republic stores
HALFORDS announced plans today to close its Cycle Republic chain of stores, putting 226 jobs at risk.
The company said it will shut all 22 outlets and its performance-centre site in Evesham as it focuses on its online cycling business, Tredz.
Halfords said it expects the closures, due to be completed in the first half of the next financial year, will cost the firm between £25 million and £35m.
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