Rent-to-own retailer BrightHouse has announced 30 store closures, cutting 350 jobs.
The company will close one tenth of it's shops over the next two months after it reported a £22.1million pre-tax loss revealed in its last set of accounts.
The chain has stores in Bangor , Colwyn Bay , Rhyl and Wrexham - none of which are affected.
Some of the 350 workers affected will be given new jobs within the business, but bosses warned redundancies are inevitable, The Mirror reports .
It comes just after music and DVD retailer, HMV announced it is closing 27 of its 127 stores - resulting in 455 redundancies - but Llandudno's shop escaped the hitlist.
A company spokesman said: "We are working to redeploy as many people as possible into alternative roles but redundancies will be inevitable."
The news comes amid a crackdown on rent-to-own retailers after the Financial Conduct Authority found 400,000 people were paying an extra £23million a year on goods such as TVs and fridges due to overpricing and excessive interest charges.
The FCA is introducing a cap in interest rates that firms like BrightHouse will be able to charge their customers from April.
The Sunday Mirror shone a light on the issue in the run-up to Black Friday last year, revealing BrightHouse customers face paying twice as much for a "bargain" and forking out until 2021.
List of Brighthouse stores set for closure:
- Aylesbury
- Basingstoke
- Bognor Regis
- Bromley
- Cowley
- Dunstable
- Eccles
- Gravesend
- Haverfordwest
- High Wycombe
- Leeds Merrion
- Macclesfield
- Maidstone
- Newark
- Newport (IOW)
- Nuneaton
- Perth
- Rugby
- Scarborough
- Seaham
- Selby
- Southport
- Stafford
- Stirling
- Thetford
- Trowbridge
- Watford
- Weymouth
- Whitehaven
- Yeovil
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