The joint administrators of My Local have confirmed a total of 26 stores have been sold, safeguarding the jobs of 372 workers.
KPMG’s Mark Orton and Blair Nimmo were appointed joint administrators for MLCG Limited, the convenience store chain trading as My Local, when the group formally entered into administration on June 29, putting the jobs of 1,658 people across 125 My Local stores at risk.
The 26 UK stores have been sold to a number of convenience store operators while the 372 My Local employees have been transferred to the respective new owners of the stores. Blakemore Retail has confirmed the purchase of seven former My Local stores, while The Co-operative Group acquired six stores.
Mark Orton, partner at KPMG and joint administrator, 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.”
My Local stores sold includes: Banbury (total employees, seven), Barking (eight employees), Bath Twerton (14), Benfleet (11), Bristol Gloucester Road (14), Bristol Portishead (13), Bristol White ladies (17), Blackpool Warley (14), Cardiff Cow (14), Chatham (14), Croydon (17), Ealing (16), Eastbourne (17), Lambeth (17), Leigh On Sea (13), Nottingham Railway (26), Rhyl (11), Rugeley (13), Steeton (13), Stockport Didsbury (15), Whitstable (14), Widnes (18), Windermere (13), Witham (15), Wokingham (13), Wroughton (15).