Jan 28 (Reuters) - British discount retailer The Original Factory Shop appointed administrators on Wednesday, putting about 1,180 jobs at risk as the chain struggles with rising costs and supply chain
The Original Factory Shop Faces Administration, 1,180 Jobs at Stake
Impact of Administration on Employees
Jan 28 (Reuters) - British discount retailer The Original Factory Shop appointed administrators on Wednesday, putting about 1,180 jobs at risk as the chain struggles with rising costs and supply chain problems.
Current Situation and Future Plans
"Over the coming weeks, we will be working closely with TOFS dedicated team of employees as we endeavour to operate all stores as a going concern while we assess options for the business,” administrator Interpath Advisory said in a statement.
Challenges Faced by the Retailer
(Reporting by Nithyashree R B and Ankita Bora in Bengaluru; Editing by Tasim Zahid)


