Welshpool’s M&Co store will close its doors for the last time later this month following the collapse of the retailer.

Staff posted on social media to say they had been informed that April 11 would be the last day of trading at the Welshpool branch of the Scottish clothing retailer, located on Broad Street.

The future of the outlet has been in doubt since December 9, 2022, when M&Co entered administration for the second time in two years, blaming a steep rise in costs.

The news brought with it an announcement that the company would be closing a number of locations across the UK, with the Welshpool branch immediately placed in the firing line as signs announcing its closure were put up in the windows.

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The chain was bought out by Peterborough-based AK Retail in early 2023, however M&Co branches across the UK announced that the deal did not include the physical stores and staff.

In a post on Facebook, the stores said: "Unfortunately we haven’t received the news we would have hoped for during our administration period and would like to share this news with you.

"As we haven’t received any funded, deliverable offers that would result in the transfer of the company’s stores or staff to a potential buyer, this means that all of our stores will close.

“The M&Co Brand has been purchased, but unfortunately this does not include a future for our stores, website or staff.”

The company, which has had a presence in Welshpool for over 10 years, was previously saved from closure after it went into administration in 2020 when it was bought back by its Scottish owners the McGeoch family in a pre-pack deal that saw it close 47 stores.

The Welshpool branch will join 180 other stores that will close in the coming weeks, as it was announced that many would be closing over the Easter period, leaving another space in the town’s high street.