Petersfield store to close less than a year after it opened
PETERSFIELD’S My Local store in Swan Street is to close this evening (June 27) at 6pm.
Owners announced on Thursday the nationwide My Local chain was set to go into liquidation after poor trading figures.
The Swan Street store originally opened as a Morrisons, but last year was sold to the My Local brand.
It’s understood Morrisons will retain the lease on the premises for the moment, but has no plans to reopen there.
My Local staff said they will be paid up until the closure.
Joanne McGuinness, national officer at union Usdaw, said: "My Local staff are devastated by the news that the company is going into administration.
“Having been sold by Morrisons last year, there was a mood of optimism that the new owners could turn around the business.
"We are talking with the company in a bid to save jobs and get the best deal for staff. In the meantime Usdaw is providing the support, advice and representation they need at this unsettling time."
Receivers KPMG will attempt to sell the MY Local chain as a going concern but, if a buyer cannot be found, then the stores will be sold off piecemeal.