High street retailer M&Co will close 170 of its stores across the UK trends now

High street retailer M&Co will close 170 of its stores across the UK trends now
High street retailer M&Co will close 170 of its stores across the UK trends now

High street retailer M&Co will close 170 of its stores across the UK trends now

High street retailer M&Co will start closing 170 of its stores across the UK within days after troubled chain collapsed into administration The first shops will close their doors forever in parts of Scotland later this month All 170 shops will eventually shut after administrators sold the retailer's brand 

1

View
comments

Fashion giant M&Co will start shutting up all 170 of its shops in the UK within a matter of days in another crippling blow for Britain's beleaguered high streets.

Plummeting sales and rising costs saw the troubled retailer fall into difficulties, with administrators Teneo last month confirming it had sold the M&Co brand - but not the company's stores. 

About 1,900 jobs are now set to be axed nationwide, as the retailers branches close forever, with some shops already confirming when their last day will be on social media.

The fashion giant, previously called Mackay's, fell into administration for the second time in two years in December 2022. Teneo sold the brand and intellectual property to Yours Clothing.

Among the first stores set to close include M&Co's Wick and Fort William sites, in Scotland, with their last day of trading taking place on Saturday, March 25.  

Britain's struggling high streets have been dealt another fresh blow as it was announced fashion giant M&Co will shut 170 shops - putting 1,910 jobs at risk

Britain's struggling high streets have been dealt another fresh blow as it was announced fashion giant M&Co will shut

read more from dailymail.....

PREV Only handwritten draft of Sir Arthur Conan Doyle's second Sherlock Holmes novel ... trends now
NEXT Girl, four, and her mother, 39, who haven't been seen since February are ... trends now