PENARTH’S M&Co will close in Spring after adminstrators failed to find a buyer for the company, the clothing chain confirmed.

It’s estimated by staff at the store they could be trading well into April, however the end is near for one of Windsor Road's staple shops.

Considered relatively buoyant, with independents, boutiques and excellent restaurants in the area, Penarth’s high street is not immune to the affects of a changing economic climate.

Staff at M&Co Penarth heard about the company’s closure on December 9 and described it as a bit of a shock.

They said customers were concerned with what, if anything, will replace the store, or just leave another gaping hole in Windsor Road.

Penarth Times:

(Administrators failed to find a buyer for the business)

In December 2022, Shaws the drapers closed its doors.

A mere 100 yards away from M&Co, on Glebe Street, the store shut two days before Christmas.

Penarth Times:

(Shaws in Penarth only closed in December, in another hit to the high street)

M&Co is shutting all 170 of its branches across the UK, with the loss of nearly 2,000 jobs.

In a Facebook statement a spokesperson said despite small shoots of hope, it looks as if the inevitable is on the cards.

''Unfortunately, we haven't received the news we would have hoped for during our administration period, and would like to share this news with you,'' said he spokesperson.

''As we haven't received any funded, deliverable offers that would result in the transfer of the company's stores or staff to a potential buyer, this means that all of our stores will close.''

''The M&Co 'Brand' has been purchased, the majority of our stores are expected to continue trading into April.

“We will update you closer to the time of the actual closing date.”

What did M&Co Penarth mean to you? What do you want to say to the staff? What do you hope replaces it? Let us know in comments.