Question mark over the future of M&Co in Stamford as company goes into administration

Shop staff who reopened a clothing store branch six weeks ago face uncertainty after their employer went into administration.

M&Co reopened in Stamford High Street on November 4, having left the unit empty for two years after closing during the pandemic.

On Monday, the store displayed a notice to say Scottish firm M&Co's affairs and property are in the hands of administrators.

No announcement has been made on jobs or the future of the Stamford store specifically. The company has been contacted for comment.

Now, store closing signs have gone up and a sale with at least 20 per cent off everything has been launched.

M&Co was founded in Paisley, Scotland, in 1961 and employs about 1,900 people, with 170 branches in the UK.