Administrators confirm sale of 26 My Local stores
The 26 stores across the UK have been sold to a number of convenience store operators. A total of 372 My Local employees have transferred to the respective owners of the stores in which they work.
Mark Orton, partner at KPMG and joint administrator at My Local, said: “From the outset of our appointment, there has been strong interest shown in certain My Local stores, reflecting the demand for high quality retail space in prime town centre locations.
“Working closely with the team at Smith and Williamson, we are therefore delighted to have been able to safeguard the future of 26 stores and moreover, the jobs of 372 staff.
“Over the coming days and weeks, we are hopeful of concluding a further 16 sales and will provide an update in due course.”
Email this article to a friend
You need to be logged in to use this feature.
Please log in here