M&Co Dingwall flags sale push ahead of High Street store closure this week
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A FAMILIAR presence on a Ross-shire High Street has flagged its store closure with a major sales push.
As previously reported, fashion retailer M & Co, which has around 180 UK stores, appointed Teneo Financial Advisory as an administrator at the end of last year.
Its plan was to close all of its stores by Easter although closure details varied across its portfolio.
M&Co Dingwall is flagging an "everything at least 50% off" sale ahead of its closure on Tuesday.
In an earlier statement, a spokesman for Teneo said: “Like many retailers, the company has experienced a sharp rise in its input costs, which has coincided with a decline in consumer confidence leading to increased pressure on cash flows and trading losses."
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M&Co previously fell into administration in August 2020, when it was bought back by its Scottish owners the McGeoch family in a pre-pack deal that saw it close 47 stores.
