Particle.news

Download on the App Store

The Original Factory Shop Launches Closing-Down Sale as Spennymoor Store Prepares to Shut

The retailer is restructuring after a Modella Capital takeover, with store outcomes tied to rent negotiations with landlords.

Overview

  • The Spennymoor branch has posted closing-down signs, begun clearance discounts, and is expected to shut in roughly three to four weeks once stock is sold.
  • In-store offers include 20% off clothing, footwear, toys, and games, with selected bags discounted by up to 50%, according to local reports and store signage.
  • A company spokesperson said closing sites is a difficult step and that the focus is on keeping as many locations open as possible subject to successful landlord talks.
  • The Sun reports that more than 30 stores have already closed this year, with recent shutterings in Wetherby, Horley, Spalding, and Otley.
  • Coverage attributes the wave of reviews and closures to a restructuring initiated after Modella Capital’s purchase, including reported rent renegotiations across dozens of shops.