Butcher chain Crawshaws is to closemost of its shops in Greater Manchester with the loss of almost 100 jobs.
The business plunged into administration on October 31 after it failed to raise money from investors to restructure the business.
Its understood the firectors are still trying to save the business by seeking investors, however currently its had to close over half of its stores. This includes stores in Ashton-Under-Lyne, Gorton, Rochdale, Bury, Bolton, Stretford, and Astley with a combined staffing of nearly 100 people.
Administrators confirmed : “Crawshaw has not been immune to the well documented issues on the high street, which has resulted in a number of stores becoming loss making.
“Despite the new management team’s best efforts, it was not possible to raise additional investment to restructure the business by reducing the number of high street stores and expanding its successful factory shop format and instore SPAR butchery offering.
“As a result the Group would have run out of cash due to the loss making high street stores and therefore Administration was necessary.
“Crawshaw’s out of town factory store format has proved to be successful and we are hopeful that a purchaser can be found who can take forward management’s plan for these profitable stores.”
“We are continuing to trade 19 profitable stores and the Hellaby processing and distribution centre as normal and would encourage interested partied to come forward.
“Unfortunately it was necessary to immediately close 35 stores in mainly high street locations that were no longer viable, which resulted in 354 redundancies.”
“It is with regret that 354 people have been made redundant. We hope to conclude a sale to preserve the remaining 261 jobs.”
The Yorkshire company opened in 1954, its incredibly sad to see such as historic company struggle and so many people lose their jobs so close to Christmas.