Much-loved craft store could cut 250 jobs in branch closures

Hobbycraft opened its first superstore in 1995 (Picture: Hobbycraft/PA Wire)Up to 27 Hobbycraft stores could close as soon as Wednesday amid a major restructuring by the new owner of WH Smith’s high street shops.The arts and crafts retail chain has more than 100 stores across the UK.But private investment firm Modella Capital has slated nine for closure, Sky News reports.This alone would put 100 people out of work. Even more are at risk dueongoing negations between the company and stores&