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I know a cafe near us, doing really well its first 2 years, failed to really grow any this year and I think they are fed up working for free, now virus is set to hit us for x months they've just thrown in the towel (rent renewal at end of April) and decided to do something else which is fair enough, if you have the chance to jump off and save yourself from almost certain bankruptcy its probably a good time to do that. Halfords group might of course just have been planning this all along and its coincidental.
Also, they claim it's been planned since last November, but does it strike anybody that the timing of the announcement in the middle of the virus crisis is also really rubbish?