The charity says rising costs and changing shopping habits have forced a nationwide restructuring of its retail network, with dozens of shops already closing and more expected over the next two years.
Union Street store to shut as charity cuts back
The Swansea city centre branch at 19 Union Street is one of the latest locations confirmed for closure. Cancer Research UK says the move is part of a long‑term plan to streamline operations and focus on its most profitable sites.
The charity previously announced it intended to close up to 88 shops by 2026, but the wider restructuring could eventually see nearly 200 stores shut across the UK.
Rising costs blamed for closures
Cancer Research UK says the closures are being driven by mounting operational pressures — including higher National Insurance contributions, rising energy bills, increased delivery costs and inflation affecting stock and logistics.
Once the restructuring is complete, the charity expects to operate around 320 shops, concentrating on locations that generate the strongest returns.
The organisation says the changes will free up around £12.4 million over the next five years, money it says will be redirected into life‑saving cancer research.
Online marketplace also being axed
As part of the overhaul, Cancer Research UK will also close its online marketplace in early 2026, meaning donated items will no longer be sold through external resale platforms.
Instead, the charity plans to shift towards larger “superstore”‑style outlets, with 12 new retail‑park‑sized stores planned by 2028.
