Crisis on UK high street deepens as private equity owners of homeware chain with 137 stores pins collapse on ‘extremely challenging’ climate
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The Original Factory Shop homeware chain has called in administrators, putting 1,200 jobs at risk, putting the decision partly down to higher costs from government policies.
Administrators from Interpath have been appointed at the 137-store discount retailer, which was bought by private equity firm Modella Capital less than a year ago.
Source: The Original Factory Shop calls in administrators, putting 1,200 jobs at risk
