Burnley-based bargain store is putting together rescue package

Burnley based retailer The Original Factory shop is the latest retailer to put together a rescue package. According to reports the chain, which has 220 stores across the UK, is understood to be the latest retail business to be considering a Company Voluntary Arrangement. The deal will see a number of stores closed and new deals struck with landlords. According to the Daily Telegraph Private equity specialists Duke Street Capital will pump £10m into the business as part of the rescue package. A number of chains have entere... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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