Sad day but the company has struggled for quite a while and never really moved with the times in my view.
Still have rather a lot of holiday shops, although less than previous but I really do not know anyone who goes into a shop and books a holiday these days when you can do it all from a PC very efficiently.
Lots of people still book in shops, having the chance to speak to an expert face to face and the people like the whole holiday in-store booking experience.