British Heart Foundation to close Barnet and Finchley stores
The charity plans to shut 150 outlets nationwide due to rising costs and changing customer habits.
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The article cites the British Heart Foundation's annual report and financial records directly.
How well corroborated and evidenced the reporting is. Higher is better.
The article clearly explains the financial reasons for the closures and lists affected branches.
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The headline uses 'popular' and '7 are in London' which is mild emphasis.
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The British Heart Foundation (BHF) is to close its shops in Barnet and Finchley as part of a wider strategy to shut around 150 stores across the United Kingdom. The charity announced the proposals on June 4, 2026, following a review of its retail operations. The closures are intended to ensure the organisation remains commercially sustainable.
The BHF reported a retail loss of £3.3 million for the 2025-26 financial year. This contrasts with a profit of £3.6 million made in the 2025 financial year. The charity stated that this level of financial return is not sustainable. The decision to close stores follows an assessment of rising operating costs and evolving customer habits.
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Impact on Barnet and Finchley
The Barnet store, located at 123 High Street, EN5 5UZ, and the Finchley store at 718 High Road, N12 9QD, are listed among the branches earmarked for closure. The BHF operated 651 shops across its retail portfolio as of March 31, 2026. During the 2025-26 financial year, the charity launched 11 new premises, relocated three, and closed 25 as part of an ongoing optimisation strategy.
The charity's annual report and accounts for 2025-26 detailed investments totalling £103 million in research, with an additional £10 million allocated to the BHF Data Science Centre and £5 million towards a global research programme on women's heart health. Legacies are the charity's primary revenue stream, followed by fundraising and retail operations. The BHF stated that the proposed closures, phased over the next two financial years, are designed to ensure its retail network remains strong and sustainable, potentially leading to a recovery in retail profitability.
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The BHF has stated that like many retailers, it is experiencing increasing costs and changes in shopping and donation patterns. To maintain its income for the long term, the organisation needs to adapt its operating model. The implementation of the proposed closures is expected to result in a limited recovery in retail profitability over the next two years.
Questions this report answers
+How many British Heart Foundation stores are closing?
The British Heart Foundation plans to close approximately 150 stores across the UK. These closures will be phased over the next two financial years, from 2026 to 2028, as part of a strategy to ensure the charity's retail operations remain financially sustainable.
+Why is the British Heart Foundation closing stores?
The charity is closing stores due to a £3.3 million retail loss in the 2025-26 financial year. This financial performance is attributed to rising operating costs and changing customer habits, which have impacted the retail sector.
+Which specific Barnet and Finchley stores are affected?
The British Heart Foundation store located at 123 High Street, Barnet, EN5 5UZ, and the store at 718 High Road, Finchley, N12 9QD, are among those listed for closure as part of the national plan.
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