A MAJOR high street store will close more stores over the weekend after 110 locations have already shut forever.
M&Co is bringing the shutters down on 24 stores today (April 22) and a further two tomorrow (April 23).
AlamyDozens more M&Co stores will close forever over the next two days[/caption]
It comes after The Sun revealed that all of the brand’s remaining shops will shut for good by the end of the month.
It comes after the brand fell into administration last year and announced that all of its 170 stores will be closing.
Administrators at Teneo put the bust business up for sale with an auction deadline for interested buyers.
M&Co’s brand and intellectual property was sold to Yours Clothing but the stores weren’t and are set to close forever by the end of the month.
The 24 M&Co stores that are closing today are located in:
Alnwick – April 22Beverley – April 22Blandford Forum April 22Chesham – April 22Cleveleys – April 22Cromer – April 22East Grinstead – April 22Fakenham – April 22Haddington – April 22Hunstanton – April 22Inverurie – April 22Kirkintilloch – April 22Largs – April 22Minehead – April 22Newport – April 22Northallerton – April 22Oswestry – April 22Penarth – April 22Portishead – April 22Ripon – April 22Saffron Walden – April 22St Andrews – April 22Stroud – April 22Surbiton – April 22
Two more shops will close forever tomorrow in:
Hitchin – April 23Wokingham – April 23
M&Co has been running a huge 30-60% off closing down sale in stores in recent months to help shed remaining stock.
Shoppers need to act fast to take advantage of the discounts because once the items are sold they’re gone forever.
And remember you might find that your closest store doesn’t have what you want in stock.
You can find your closest M&Co store by visiting the retailer’s website and using the store locator tool.
The following stores will also close this month, but an exact date has not yet been confirmed:
AirdrieBridgnorthBridportBroughty FerryBurgess HillClitheroeDriffieldFarnboroughFleetHeswallInchinnan OSCMaltonMarchPetersfieldShaftesburyStonehavenTenbyTewkesburyTroonWetherby
M&Co isn’t the only store to go into administration and shut its shop doors.
Stationery retailer Paperchase collapsed into administration on January 31 and all stores closed for good on April 3.
Here’s the full list of shops and chains disappearing from the high street this year.
Retailers have been feeling the pinch since the pandemic while shoppers are cutting back spending due to soaring inflation.
When prices are going up it squeezes people’s incomes, meaning many are forced to shop less – and that’s bad news for shops, restaurants and pubs.
High energy costs and a shift to shopping online after the pandemic are also taking a toll and many high street shops have struggled to keep going.