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Scottish Sun
2 hours ago
- Business
- Scottish Sun
The Original Factory Shop is shutting EIGHT stores today after launching 80% off closing sales – is your local going?
We reveal which other stores are set to close in coming weeks SHUTTERS DOWN The Original Factory Shop is shutting EIGHT stores today after launching 80% off closing sales – is your local going? THE Original Factory Shop is pulling down the shutters on eight of its high street branches today, with up to 80% off in massive closing down sales. The budget retailer, which sells everything from fashion and fragrance to homeware and gifts, is shutting up shop at locations across the UK as part of a major restructuring effort. 1 The Original Factory Shop is closing eight stores today, Saturday 28 June Shops in Pershore, Shaftesbury, Kidwelly, Arbroath, Normanton, Chester Le Street, Peterhead and Perth will all close for good by the end of today, Saturday, June 28. Here are all the ones closing down today: Perth Chester Le Street, County Durham Arbroath, Angus Kidwelly, Carmarthenshire Pershore, Worcestershire Normanton, West Yorkshire Peterhead, Aberdeenshire Shaftesbury, Dorset It comes just days after the Milford Haven branch in Pembrokeshire shut on Thursday, with three more stores already lined up to go next month, including the Staveley in Cumbria, Cupar in Fife, and Middlewich in Cheshire. Massive clearance sales have been launched at affected branches with prices slashed by as much as 80% on stock like beauty, pet products, jewellery and shoes. Shoppers at the Middlewich site have spotted some of the steepest discounts, while customers in Normanton and Pershore have also snapped up huge savings ahead of closing time. One local, reacting to news that the Arbroath store is among the latest to go, said: 'Another one bites the dust on the high street. "Going to be a ghost town soon enough.' Another said the Pershore closure marked 'the end of an era.' The wave of closures follows a Company Voluntary Arrangement (CVA) launched earlier this year after private equity firm Modella Capital bought the chain in February. Modella, which also owns Hobbycraft and WHSmith's high street shops, is trying to renegotiate rents on 88 stores to keep the business afloat. River Island confirms which 33 stores are shutting as a further 70 at risk in huge shake-up – is your local going? But The Original Factory Shop has warned that a 'number of loss-making stores' would have to shut to secure its future. A spokesperson said: 'Closing stores is always a tough decision… but this is dependent on successful negotiations with landlords as we strive to build a sustainable and successful business.' The Original Factory Shop has already closed more than a dozen branches since the start of the year, including sites in Harwich, Bodmin, Chepstow and Taunton. The three stores that are set to close in coming weeks are: Staveley, Cumbria – July 12 Cupar, Fife – July 27 Middlewich, Cheshire – TBC HIGH STREET STRUGGLES The Original Factory Shop is not the only retailer suffering across the high street. The high street has faced a tough run in recent years, with online shopping booming while in-store sales slump and operating costs soar. In 2024 alone, more than 13,000 high street stores were shuttered for good, according to the Centre for Retail Research. It is also predicting the number of store closures to rise this year, blaming the increase on a hike to employer National Insurance contributions and the national minimum wage. The Centre has described the sector as going through a "permacrisis" since the 2008 financial crash This year, Beales, one of Britain's oldest department stores, launched a closing down sale before shutting its last remaining shop after more than 140 years. The company shut its branch in Poole's Dolphin Centre last month. Beales chief executive Tony Brown blamed the "devastating impact" of the rise in national insurance contributions and the higher minimum wage for the store closure. Meanwhile, high street fashion chain New Look has closed stores as it scales back its UK footprint. It is understood to be shutting nearly a quarter of its 364 shops.s. Reports suggest that the company has been forced to accelerate the pace of store closures due to tax changes in the Autumn Budget. Meanwhile, Huttons in London shut its store in the Putney Exchange due to excessive energy costs. The gift shop became a local icon after it opened in the 1990s.
The Herald Scotland
a day ago
- Business
- The Herald Scotland
Ex-Rangers chief Craig Whyte's floundering YouTube channel
Mr Whyte borrowed £26.7m against future season ticket sales in order to acquire the club. Read More: Soon after the takeover Rangers stopped paying PAYE and VAT, leading to a £9m tax bill from HMRC which put the company into administration. Liquidators were appointed after the revenue rejected a proposed Company Voluntary Agreement (CVA) and Rangers were admitted to the fourth division of Scottish football. Whyte was declared bankrupt in 2015. Mr Whyte has since released a book, Into the Bear Pit, about his ownership and begun hosting an investment channel on YouTube. However, all may not be what it seems. On social media the former Rangers owner boasts of having "50k+ subs YouTube". Acequisition, the channel in question, does indeed have 51.4k subscribers. However, Mr Whyte's channel isn't doing too well in the viewership stakes. The most recent video, posted 11 days ago, has just 41 views, while one posted two months entitled 'how to legally pay zero tax' has amassed just 193 in that time. Craig Whyte's YouTube channel (Image: YouTube) The channel was not founded by Mr Whyte and Hector Earley, the other 'creator' listed on the channel but by James Domenic Floreani AKA Jayconomics. In July last year Jay announced that he was leaving YouTube, with 'new creators' taking over the channel. He said: "I will be handing over the channel to people who I think will bring you interesting finance and business content - you'll get to meet them in just a second. For anyone who is wondering, one thing no one can say is that I didn't put my money where my mouth was. I lost hundreds of thousands of dollars investing in companies and the people running them. It has also taught me just how brutal and humbling the small cap market can be - one minute you are on top of the world, the next you've lost it all. "These expensive lessons I've learned throughout these last four years have made me stronger, more focused, a heck of a lot smarter, and given me a much better perspective on how things work. It's been a time of healing, personal growth, tough questions, and rough lessons learned. "Over the past year I've been focused on God, family, healing from within using circadian biology principles, and living in alignment with my purpose. Though I will have to rebuild financially, I am in a much better place mentally, spiritually and physically than I was during my time on YouTube. "All that said, I'd like to thank each and every viewer, supporter and critic of Jayconomics throughout the last four years. I truly wish each and every one of you the best." In April of this year Mr Floreani was found to have breached securities laws in Alberta, Canada between November 2020 and March 2022 by posting recommendations for stocks on social media including YouTube, X (formerly Twitter), Patreon, Instagram, Discord, and Facebook without disclosing he and his company Jayconomics Inc had been paid to do so. The court found he was paid $787.50 for a video about a tech firm called Tenet, as well as 20,000 restricted shares in the company Gold Mountain, $84,000 from Levitee Labs, and $6,300 from Sekur. Penalties are yet to be handed down. Mr Whyte was banned from being a company director for 15 years for his part in the collapse of Rangers. In 2017 the former owner was cleared of fraudulently taking over the club. He dropped a case of malicious prosecution against the Lord Advocate in 2023.
Daily Mirror
a day ago
- Business
- Daily Mirror
Major UK discount store shuts 8 branches this weekend in major restructure
The Original Factory Shop is closing stores in Perth, Chester Le Street, Arbroath, Kidwelly, Pershore, Normanton, Peterhead and Shaftesbury on June 28 The Original Factory Shop is shutting eight high street stores for good this weekend - with three more closures in the pipeline for later this summer. The discount chain is closing stores in Perth, Chester Le Street, Arbroath, Kidwelly, Pershore, Normanton, Peterhead and Shaftesbury on June 28. Another three shops will close later this summer. The Original Factory Shop will shut its branch in Staveley on July 12, followed by its store in Cupar, which will close on July 27. Another branch in Middlewich is also scheduled to shut, but an exact closing date has not yet been published. It comes after The Original Factory Shop closed shops in Heswall and Milford Haven earlier this month. Some of the stores have been posting about closing down sales on social media, with the Peterhead store currently offering 70% off. The store said in one post: "We would like to take this time to thank all of our customers at Peterhead store. "We have loved serving you and being part of the community over the last 18 months. We hope you will pop in to see us before we close. Our last day will be the 28th of June." It comes after its owner Modella Capital launched plans to renegotiate rents at 88 of its 178 stores through a company voluntary arrangement (CVA), according to Sky News. A CVA is an agreement between a business and its creditors that allows debts to be paid off over a fixed period of time. The creditors must first approve the CVA before it can be implemented. The Original Factory Shop employs around 2,000 people. A spokesperson for The Original Factory previously said: "The Original Factory Shop (TOFS) recently confirmed that as part of a restructuring a number of its loss-making stores will have to close. "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. "We have already announced that two stores will close. Additionally, a small number of other stores are currently under review, with their continued operation subject to ongoing negotiations with landlords." Full list of The Original Factory Shop closures 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
Yahoo
5 days ago
- Yahoo
Understanding the New York Statute of Limitations for Sexual Abuse Cases: A Guide for Survivors
New York, June 23, 2025 (GLOBE NEWSWIRE) -- New York, New York - New York, NY – Survivors of sexual abuse in New York often face uncertainty when it comes to seeking justice. Many hesitate to come forward due to fear, trauma, or lack of information about their legal rights. Understanding the statute of limitations for sexual abuse cases is crucial for survivors who are considering legal action. The laws surrounding these cases have evolved significantly in recent years, with reforms aimed at extending the time survivors have to file claims against perpetrators and institutions that failed to protect them. Survivors of Abuse NY, led by Thomas Giuffra, Esq. – The Abuse Lawyer NY, is committed to ensuring that survivors are fully informed of their rights and options under New York law. The statute of limitations defines the time frame within which a survivor can file a lawsuit against their abuser or a responsible institution. Historically, these laws were restrictive, often preventing survivors from pursuing legal action if they did not come forward within a few years of the abuse. However, New York has recognized the unique challenges survivors face in disclosing their experiences, leading to significant legislative changes. One of the most impactful reforms was the Child Victims Act (CVA), enacted in 2019. This law extended the statute of limitations for survivors of childhood sexual abuse, allowing them to file civil lawsuits until the age of 55, regardless of how long ago the abuse occurred. The CVA also opened a temporary lookback window from 2019 to 2021, which allowed time-barred childhood claims to proceed in civil court. Additionally, the Adult Survivors Act (ASA), signed into law in May 2022, created a one-year lookback window for adult survivors to file lawsuits, even if their cases had previously been barred by expired statutes of limitations. That window officially opened on November 24, 2022, and closed on November 24, 2023. As of 2025, the ASA window is no longer open for new claims unless future legislation is introduced to extend or revive it. Survivors who were unable to file during that period are encouraged to consult an attorney about whether they may still have viable options under other provisions of New York law. These legislative changes reflect a broader recognition of the psychological and emotional toll that sexual abuse inflicts on survivors. Many individuals struggle for years, even decades, before they feel ready to come forward. Survivors of Abuse NY has worked with numerous clients who initially believed they had no legal recourse, only to discover that they were still eligible to pursue justice under these reformed laws. Thomas Giuffra, Esq. – The Abuse Lawyer NY, emphasizes that no survivor should assume they have missed their opportunity for legal action without first consulting an attorney. "The law has changed in favor of survivors, providing them with new avenues to seek accountability and compensation. It is essential for survivors to understand their rights and take action if they are ready," said Giuffra. While the CVA and ASA significantly expanded opportunities for justice, survivors must still be mindful of current deadlines. Survivors of childhood sexual abuse may still be covered under the CVA if they are under the age of 55. In other cases, a legal principle known as the "discovery rule" may apply, where the statute of limitations begins when a survivor first makes the connection between their abuse and resulting emotional or psychological harm. This can provide a path to justice even if the abuse occurred many years ago. It's also important to distinguish civil lawsuits from criminal prosecution. New York has eliminated the criminal statute of limitations for many sexual offenses against children and extended timelines for certain adult-related offenses. However, civil lawsuits follow separate rules and may offer compensation for damages such as therapy, medical bills, lost wages, and emotional suffering. Although the ASA's lookback window has expired, legal advocacy groups continue to push for legislative reforms that may reopen the window or create new opportunities for survivors. Survivors of Abuse NY closely monitors these efforts to ensure clients are aware of every available legal path. The attorneys at Survivors of Abuse NY are dedicated to helping survivors navigate the complexities of New York's legal system. Whether a survivor was abused by a trusted adult, a member of the clergy, a medical professional, an educator, or another authority figure, legal recourse may still be available. Pursuing a lawsuit can not only provide financial compensation but also serve as a powerful tool for holding abusers and negligent institutions accountable. Survivors of Abuse NY encourages anyone who has experienced sexual abuse to seek legal guidance as soon as possible. Even if a survivor believes their case may be outside the legal time frame, consulting an experienced attorney can help clarify their options. Many survivors are surprised to learn that they still have a viable path to justice. "Taking legal action can be an important step toward healing," Giuffra added. "It's not just about financial compensation—it's about holding wrongdoers accountable and ensuring they can't harm others in the future." For survivors seeking legal representation or guidance on New York's statute of limitations, Survivors of Abuse NY is here to help. The firm offers free and confidential consultations to assess each case and provide clear, compassionate advice on the best course of action. Survivors can contact Thomas Giuffra, Esq. – The Abuse Lawyer NY at (646) 413-6394 or visit their website to learn more about their rights and legal options. Survivors of Abuse NY remains steadfast in its commitment to supporting survivors and ensuring they have access to justice, no matter how much time has passed. ### For more information about Thomas Giuffra, Esq. - The Abuse Lawyer NY, contact the company here:Thomas Giuffra, Esq. - The Abuse Lawyer NYThomas Giuffra, Esq.(646) 413-6394thomas@ 5th Avenue, 29th FloorNew York, NY 10017 CONTACT: Thomas Giuffra, in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Scottish Sun
5 days ago
- Business
- Scottish Sun
Original Factory Shop to close three Scots stores this week – see the full list
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A MAJOR high street retailer has announced it is closing three Scottish stores this week, with a fourth set to shut next month. The Original Factory Shop is a discount department store chain which had over 180 branches across the UK. Sign up for Scottish Sun newsletter Sign up 1 Three The Original Factory Shop branches across Scotland are set to close Credit: Alamy The retail chain sells a range of discounted products, like cleaning supplies, travel items and even some beauty products. Customers can also pick up pet products, jewellery, drinks, perfume and footwear. However, bosses have revealed that they are pulling down the shutters on nine shops across the UK this week. This includes Scottish branches in Perth, as well as Arbroath, Angus, and Peterhead, Aberdeenshire. All three stores will close for good on Saturday, June 28. A fourth store in Cupar, Fife, will also close for good next month on Sunday, July 27. The closures come after The Original Factory Shop was taken over by Modella Capital earlier this year. The private equity firm, which is known for taking on struggling retailers, bought the retailer in February. It then quickly launched a restructuring effort to renegotiate rents at 88 of the retail chain's stores. Modella, which also recently acquired Hobbycraft and WHSmith's high street shops, drew up plans to initiate a Company Voluntary Arrangement in April. Car dealership abruptly closes after 60 years with customers' vehicles trapped inside as they find note on door A CVA is a way of restructuring that means a business can continue trading while negotiating its debts, for example, by cutting rent costs with landlords. And bosses told the Press and Journal at the time that a "number of loss-making stores will have to close" as part of the CVA. They added: "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 full list of all nine stores across the UK that are set to close is: 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 Ten The Original Factory Shop shops also pulled the shutters down for the final time last year. These were: Brightlingsea, Essex Bodmin, Cornwall Chepstow, Wales Fakenham, Norfolk Harwich, Essex Mildenhall, Suffolk Padiham, Lancashire Taunton, Somerset Deal, Kent Haverfordwest, Wales Shoppers have been left gutted after hearing the news of the recent wave of closures. Many have flocked to social media to share their disappointment. Commenting on the Arbroath closure, one customer said: "Another one bites the dust on the high street." A second, finding out about the Cupar branch shutting, said: "So sorry to see you're closing down." Someone else shared: "Gutted that it's closing".
