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Graham Soult

Edinburgh Woollen Mill saves Peacocks, but nine North East stores close

Soult's Retail View ― Today’s announcement that Edinburgh Woollen Mill has bought fashion retailer Peacocks out of administration is very good news as far as the 6,000 saved jobs and 395 retained stores are concerned. However, 224 stores have ceased trading with immediate effect – including nine* here in the North East – with the loss of 3,100 jobs. At the time [...] .

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