Oldrids to close its Gainsborough store

Oldrids & Downtown is set to close its store in Gainsborough.

The company issued a statement today (Friday, February 17) announcing the decision to not renew the lease on the shop in Market Place, Gainsborough.

A statement from the store said: “Oldrids & Downtown will continue to investigate all of the options available to them during the notice period in order to continue to trade from the stores, and to secure the jobs of their employees.

“Oldrids & Downtown are keen to reassure all of its Lincoln and Gainsborough customers that their statutory rights will not be affected in any way and all existing orders and any after sales service will be handled through the remaining stores should the two stores ultimately close.”

The lease of the Gainsborough premises runs out in January 2018.

Leader of Gainsborough Town Council, Councillor Matt Boles, said: “The news about the potential closure of Oldrids in Gainsborough is deeply worrying and just another hammer blow to the town centre.

“At a time when the town centre is already in such decline this news is a really body blow and to the town and the other traders. To lose a retailer and building of this size will be massively felt.

“At a time when there is so much positivity surrounding the Sun Inn developments and work between West Lindsey District Council and Dransfield it just feels that when the town takes a step forward we then get pushed two steps back.

I would urge all parties to come together and see if a solution can be found and all work together for the sake of Gainsborough.”

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