My Local closes 90 stores

Administrators have been appointed for My Local’s chain of 125 convenience stores.

Prior to the appointment of Mark Orton and Blair Nimmo from KPMG Restructuring as joint administrators, two stores were sold off by My Local’s directors.

A total of 90 stores closed earlier this week, with a further three stores in the process of being closed. The administrators intend to find buyers for the remaining 32 stores still trading.

My Local employed 1,658 people across the UK.

Mark Orton, partner at KPMG and joint administrator at My Local, said: “Companies across the convenience store sector have faced significant challenges in recent times, through increasing competition, pricing pressures, changes in customers’ buying habits and general structural change within the sector.

“Since taking over the business in October last year, management have faced tough trading conditions and despite their best efforts to improve performance, My Local was ultimately unable to return to viability.

“Having explored a number of other options, the directors were unable to find a way forward and took the difficult decision to place the company into administration.”

He said they were in “active discussions” with a number of interested parties in relation to both the remaining 32 premises that are trading and a small number of those that have closed.

“We are pursuing these opportunities as a matter of priority in the hope that we will be able to conclude successful sales and safeguard as many jobs as possible.”

Stores sold prior to appointment:
Addlestone
Holbury

Stores which continue to trade:
Banbury
Barrowford
Bath Twerton
Bath Widcombe
Blackpool Warley
Bristol Gloucester Rd
Bristol Portishead
Bristol White Ladies
Ealing
Eastbourne
Formby
High Wycombe
Ilkley
Leigh On Sea
Barking
Croydon
Lambeth
Shirley
Macclesfield
Nottingham Railway
Portsmouth
Rhyl
Rugeley
Southampton
Staines
Steeton
Didsbury
Widnes (Upton)
Wilmslow
Windermere
Wokingham
Wroughton

Stores to be closed:
Cardiff Cowbridge
Doncaster
St Albans

Closed stores:
Benfleet
Chatham
Elm Park
Horley
Romford
St Albans
Whitstable
Witham
Biggleswade
Birkenhead
Birmingham
Blackburn
Blackpool Church
Blackpool Cornelian
Blackpool Whitegate
Bognor Aldwick
Bognor Chichester
Bridlington
Brighton
Bristol College
Bristol Rd Nth
Bristol Long Gr
Brixton
Bryn (Wigan)
Camberley
Chard
Chelmsford
Cheltenham Prestbury
Cheltenham Winchcombe
Cirencester
Crumpsall
Derby Ashbourne
Derby Chaddesdon
Eastleigh
Enfield
Gloucester
Gosport
Guildford
Harrogate
Haywards Heath
Hitchin
Clapham
Huddersfield
Ilford
Ipswich
Lancaster
Leeds Headingley
Leeds Infirmary
Leeds Headrow
Leicester
Levenshulme
Liverpool
Finchley
New Oxford St
Streatham
Sutton
Loughborough
Luton
Maidstone
Manchester Oxford Road
Manchester Wilmslow
Marlborough
Milton Keynes
Northenden
Norwich
Nottingham Aspley
Nottingham Carlton
Oxford
Petersfield
Plymouth
Preston
Reading
Scarborough
Sheffield
South Croydon
South Normanton
Southend High St
Southend London
Shoeburyness
Southsea
Buxton
Torquay
Twickenham
Cheshunt
Wigan
Windsor
Witney
Royal Wootton Bassett
Worthing
York