Popular discount store to close eight shops today – is yours going?

The Original Factory Shop is closing 11 stores, including eight today, as part of a restructuring effort following its acquisition by Modella. This decision has raised concerns among local residents about the impact on their high streets, as the company seeks to avoid insolvency through a company voluntary arrangement (CVA).

Explain It To Me Like I’m 5: The Original Factory Shop is closing 11 stores to help save money, and many people in the towns are sad about losing their favorite discount shop.

Want More Context? 🔎