The Original Factory Shop launches huge 70% off closing down sales ahead of shutting NINE stores in days
One of the discount department stores due to close in Pembrokeshire has slashed prices on everything by a whopping 70%.
1
The Original Factory Shop in Milford Haven is set to shut up shop next week.
Branch Store Manager, Mandy Salter, announced the massive sale on Facebook on Thursday, June 19.
She said: "The Original Factory Shop, Milford Haven, now has 70% off across everything in store.
"Only 7 days left to trade as closing our doors on 26th June for the final time."
Over June, nine stores will be closing it total, including sites in Dorset and Durham.
The Sun reported on the Cupar site closure earlier last week with huge discounts ahead of its closure in July.
Another site in Middlewich is also set to close, but a date is yet to be confirmed while another site is due to close in July.
You can see the full list of store closures here:
Heswall, Merseyside - June 21
Milford Haven, Pembrokeshire - June 26
Perth - June 28
Chester Le Street, County Durham - June 28
Arbroath, Angus - June 28
Kidwelly, Carmarthenshire - June 28
Pershore, Worcestershire - June 28
Normanton, West Yorkshire - June 28
Peterhead, Aberdeenshire - June 28
Shaftesbury, Dorset - June 28
Staveley, Cumbria - July 12
Cupar, Fife - July 27
Middlewich, Cheshire - TBC
The Milford Haven site previously announced its closure in May with a post on the store's Facebook page.
The announcement read: "With a heavy heart we regret to inform you that the rumours are true.
"The Original Factory Shop Milford Haven has served you for 15 years and will be closing its doors for the final time on the 26th June."
The post encouraged shoppers to pop in and grab a bargain and that they were "proud" of being part of the community.
It added: "At this time we ask that you are considerate and respectful to our team as we are truly devastated."
The death of the high street is the death of communities
Shoppers flocked to the comments to express their sadness at losing the store.
One commented: "So sorry to hear this, all the staff are absolutely wonderful.
"A great loss to Milford Haven - now where do we shop for reasonably priced clothes and shoes?"
Another simply said: "So, so sorry, love all the staff".
Meanwhile, another five stores across Nairn, Market Drayton, Troon, Blairgowrie and Castle Douglas have been put up for sale.
The Original Factory Shop has told The Sun that negotiations are ongoing with landlords - making it unclear whether these shops will remain open.
What's happening to the Original Factory Shop?
Private equity firm Modella bought The Original Factory Shop back in February and has since launched a restructuring effort to renegotiate rents at 88 TOFS stores.
Modella is known for picking up struggling retailers, having also recently acquired Hobbycraft and WHSmith 's high street shops.
It is set to rebrand all WHSmith high street stores to TGJones, and has brought in advisers to look at potential options for Hobbycraft.
At the end of April, Modella drew up plans to initiate a company voluntary arrangement (CVA) for TOFS.
Companies often use CVAs to prevent insolvency, which could otherwise result in store closures or the collapse of the entire business.
They allow firms to explore different strategies such as negotiating reduced rent rates with landlords.
TOFS previously told The Press and Journal that a "number of loss-making stores will have to close" as part of the restructuring.
It said at the time: "Closing stores is always a tough decision and we are committed to keeping as many stores open as possible.
"This is, however, dependent on successful negotiations with landlords as we strive to build a sustainable and successful business for the future."
The Original Factory shop has already shuttered more than a dozen stores over the past 12 months.
RETAIL PAIN IN 2025
The British Retail Consortium has predicted that the Treasury's hike to employer NICs will cost the retail sector £2.3billion.
Research by the British Chambers of Commerce shows that more than half of companies plan to raise prices by early April.
A survey of more than 4,800 firms found that 55% expect prices to increase in the next three months, up from 39% in a similar poll conducted in the latter half of 2024.
Three-quarters of companies cited the cost of employing people as their primary financial pressure.
The Centre for Retail Research (CRR) has also warned that around 17,350 retail sites are expected to shut down this year.
It comes on the back of a tough 2024 when 13,000 shops closed their doors for good, already a 28% increase on the previous year.
Professor Joshua Bamfield, director of the CRR said: "The results for 2024 show that although the outcomes for store closures overall were not as poor as in either 2020 or 2022, they are still disconcerting, with worse set to come in 2025."
Professor Bamfield has also warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector.
"By increasing both the costs of running stores and the costs on each consumer's household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
25 minutes ago
- The Sun
We are taking REAL steps to tackle illegal migration that WILL deliver results & ensure fairness for Brits
WE will stop at nothing to tackle illegal migration. So this week we have delivered a world first: a new sanctions regime to target the vile people-smuggling gangs. The first sanctions are hitting these criminals today. 2 2 We will go after the gang leaders, those supplying boats and fake passports, and the moneymen. Their assets will be frozen. Their bank accounts will be closed. And they will be banned from the UK. For too long, governments have offered nothing but expensive gimmicks – like the Rwanda scheme which achieved precisely zero. Instead, we're taking real, practical steps that will deliver results. We've already returned 35,000 people with no right to be here – way up on the year before. We're working with Germany to close a legal loophole in their system, allowing police to seize small boats being stored and transported in their country. By working with France, we have agreed to a totally unprecedented returns pilot. Now, for the first time, migrants arriving by small boat can be sent back to France. Other governments tried to do this and failed. We're also taking a zero-tolerance approach to the illegal jobs which gangs promise – and which undercut honest businesses. Under our nationwide crackdown, raids and arrests are already up 50%. The Sun has rightly put the spotlight on migrants working illegally as food delivery riders. And we're tackling the problem. A new agreement announced today will see us share asylum accommodation locations with Deliveroo, Just Eat and Uber Eats. If a rider is staying at this accommodation, the companies will know and can close down the rider's account. Our message to the gangs is clear. We will be more aggressive than ever to smash your business model and hold you to account. We will do what it takes to uphold the law and to ensure fairness for the British people.
Telegraph
25 minutes ago
- Telegraph
The mountainous public debts we are running up will crush our children's futures
In 1928 the banker Gaspard Farrer anonymously established The National Fund, a charity dedicated to paying off the national debt. In 2025, Britain finally smashed open the piggy bank, with £586 million in funds put to use buying up Government bonds. It offset a little less than a day's borrowing. June may have been a particularly poor month to choose, with Chancellor Rachel Reeves overseeing £20.7 billion of public sector net borrowing – the second highest level for the month since records began in 1993, with only the chaos of 2020's pandemic exceeding it – but it is still a potent illustration of the sheer scale of Britain's indebtedness. Despite repeated warnings from the Institute for Fiscal Studies and rising signs of alarm in the bond markets, the Government appears set to continue in its path of high taxes and even higher spending, crushing the life out of the economy even as it piles up debts to be repaid. The obsession with meeting the Government's short-run fiscal rules notwithstanding, there is no seeming attention paid to the long term position of this country, and no appetite for the sort of changes needed to rein in current spending: reforming benefits or reshaping the NHS. It is hard to think of a better illustration than the cavalier treatment of Mr Farrer's bequest: consuming the inheritances given to us by our ancestors in order to fund lifestyles we will not always be able to afford. And with each month of staggeringly high borrowing, the end of the track creeps nearer. If nothing else, this is a poor way to treat our descendents, who will find themselves footing the bill.
The Sun
25 minutes ago
- The Sun
Insurance firms slammed for adding up to £51 a year to bills paid in monthly instalments
INSURANCE firms have been slammed for adding up to £51 a year to bills paid in monthly instalments. Customers may also pay more for the initial premium in a practice called 'double dipping'. The Financial Conduct Authority said monthly bill payers face APRs of 20-30 per cent, adding £19-£28 to home insurance and £35-£51 to car insurance costs. With about half of such policies paid monthly in 2023, many customers are hit with these extra costs simply because they can't afford annual payments. Consumer group Which? director Rocio Concha urged the FCA to crack down on 'bad practice'. She said too many customers are forced into higher costs out of financial necessity. Insurers claim the charges reflect the cost of the agreements. But the FCA's rules state that premiums must not be increased without a 'reasonable basis'. The Association Of British Insurers insists its members follow 'fair and transparent' principles. Earlier this year Which? revealed that some firms charge APRs comparable to credit card rates, with One Insurance Solution and The Insurance Factory imposing above 30 per cent. The FCA also found motor insurance claims were subject to delays, lack of oversight on outsourced services and high complaint levels. It is taking action against the companies involved. FOOD CRUNCH GROCERY bills are biting harder as food prices rise at their fastest rate in 18 months. Inflation hit 5.2 per cent this month, adding an average £275 to annual spending, Worldpanel data showed. Grocery spending rose 4.6 per cent in the 12 weeks to July 13, with online grocer Ocado leading growth at 11.7 per cent. Lidl grew 11.1 per cent while leader Tesco saw a 7.1 per cent sales increase. RANSOMS BAN PUBLIC sector organisations including the NHS, schools and councils will be banned from paying ransoms to cybercriminals. Security Minister Dan Jarvis pledged to 'smash the cybercriminal business model' and safeguard essential services. Businesses outside the ban must now tell authorities before paying ransoms. The new rules come after attacks on Marks & Spencer and the Co-Op. GOOD WORKS PAY OFF THE WORKS is celebrating success in its turnaround strategy as profits surged 20 per cent to £8.3million. The books and stationery retailer saw 6.4 per cent growth in like-for-like sales in its final quarter, driven by improved store standards and new products, despite a 2 per cent dip in annual revenues. Online sales struggled but store sales led the charge. Boss Gavin Peck highlighted strong trading in the new financial year, with sales up 5 per cent. Shares jumped 9.4 per cent yesterday
