However, River Island revealed in August last year that it was preparing to close 33 stores as part of a restructuring plan (which was approved by the High Court). The restructuring plan is aimed at preventing River Island from collapsing into administration and comes after a decline in footfall and sales. UK high street shops that no longer existAlong with the closures, River Island will also pay reduced rent at a further 71 shops. Full list of the River Island stores closing this weekendRiver Island closed four of the 33 branches listed in the restructuring plan at the back end of last year. River Island chief executive, Ben Lewis, previously said: “River Island is a much-loved retailer, with a decades-long history on the British high street.