The Original Factory Shop launches closing down sale at another store – see full list of locations set to shut for good

The Sun

18 hours ago

THE Original Factory Shop has launched another closing-down sale as the brand pulls the shutters on another store.
The discount department store has slashed the prices on everything, from clothing to gardening tools to toys.
3
Clothing rails have been tagged with percentage-off signs as high as 30 percent off.
If you're looking for something stylish this summer, TOFS in Cupar, Scotland, is packed with pretty dresses, linen pieces, and jeans.
There are also huge discounts across all footwear in the store - from trainers to heels.
Over in the men's section, there is an abundance of polo shirts, gym vests, and t-shirts.
It's worth stocking up on cleaning products and household essentials as they have a 10 percent reduction on the price.
For those sweet-toothed shoppers, there are plenty of deals across all confectionery.
Photos of the sale went on the Cupar store's Facebook with the caption:
Up to 11 TOFS stores are already to set to close this month, including sites across Worcestershire, Durham and Cumbria .
Meanwhile, another five stores across Nairn, Market Drayton, Troon, Blairgowrie and Castle Douglas have been placed up for sale.
The Original Factory Shop has told The Sun that negotiations are ongoing with landlords - making it unclear whether these shops will remain open.
It comes as part of a major restructuring carried out by new owner Modella Capital with a number of loss making stores having to close as result.
Over June nine of these stores will close, including sites in Dorest and Durham.
Another site in Middlewich is also set to close however a date is yet to be confirmed.
You can see the full list of store closures here:
Milford Haven, Pembrokeshire - June 26
Perth - June 28
Chester Le Street, County Durham - June 28
Arbroath, Angus - June 28
Kidwelly, Carmarthenshire - June 28
Pershore, Worcestershire - June 28
Normanton, West Yorkshire - June 28
Peterhead, Aberdeenshire - June 28
Shaftesbury, Dorset - June 28
Staveley, Cumbria - July 12
Middlewich - TBC
Heswall - TBC
The following stores are also up for sale:
Nairn
Market Drayton
Troon
Blairgowrie
Castle Douglas
Private equity firm Modella bought The Original Factory Shop back in February and has since launched a restructuring effort to renegotiate rents at 88 TOFS stores.
Modella is known for picking up struggling retailers, having also recently acquired Hobbycraft and WHSmith 's high street shops.
It is set to rebrand all WHSmith high street stores to TGJones, and has brought in advisers to look at potential options for Hobbycraft.
At the end of April, Modella drew up plans to initiate a company voluntary arrangement (CVA) for TOFS.
Companies often use CVAs to prevent insolvency, which could otherwise result in store closures or the collapse of the entire business.
They allow firms to explore different strategies such as negotiating reduced rent rates with landlords.
TOFS previously told The Press and Journal that a "number of loss-making stores will have to close" as part of the restructuring.
3
3