AILING clothes retailer M&Co’s remaining Worcestershire stores, including a branch in Pershore, will close their doors in the spring.
Its remaining stores in Bromsgrove, Stourport on Severn and in Pershore will be among the 170 sites to close, with the loss of almost 2,000 jobs nationwide.
It’s flagship Droitwich store has already closed after M&Co went into administration for the second time at the end of last year.
Having being rescued from administration in 2020, the company has now been brought by AK Retail Holdings however the deal doesn’t include the stores themselves.
The closures were announced in social media posts by branches across the UK.
The posts, on Facebook, began: “Unfortunately we haven’t received the news we would have hoped for during our administration period, and would like to share this news with you.
“As we haven’t received any funded, deliverable offers that would result in the transfer of the company’s stores or staff to a potential buyer, this means that all of our stores will close.”
Mackays was established as a pawnbrokers in Paisley, Renfrewshire, in 1834.
It switched to selling clothes in 1953, led by brothers Len and Ian McGeoch, and re-branded as M&Co in 2005.
It previously went into administration in 2020, when it lost 47 stores and 380 staff, but assets were immediately bought back by the family that built it up.
AK Retail Holdings, which has bought the brand, is the owner of plus size retailer Yours Clothing.