Original Factory Shop will close four UK stores

The Original Factory Shop will close four UK stores in the coming weeks, impacting local communities and leaving customers disappointed. The closures include locations in Peterhead, Scotland, and Staveley, Derbyshire, with closing dates in late June and mid-July, respectively. The chain is offering discounts at closing stores and is also renegotiating rents at other locations. The discount retailer's parent company is undergoing restructuring, including a company voluntary arrangement to manage debts. The chain cited the need to close loss-making stores as part of its efforts.