It is offering options for alternative work to 388 staff affected.
The company had deferred reviewing the performance of the former Thomas Cook shops it acquired in October 2019 to see if business returned in 2021.
The shops that will close are all former Thomas Cook stores, apart from one which was formerly a Tailormade Travel branch.
The premises were reviewed having come to the end of their licence period.
The third national lockdown and travel ban leading to major holiday operators suspending flights and holidays, meant the company had to act, it said.
