Peacocks cut 40 jobs across Hull and Scunthorpe
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More than 40 jobs will be lost with the closure of 4 stores across North Lincolnshire and East Yorkshire.
More than 40 jobs across North Lincolnshire and East Yorkshire were lost today after ailing fashion chain Peacocks was sold out of administration.
The deal with Edinburgh Woollen Mill will save 388 shops and more than 6,000 jobs but administrators from KPMG said it had been forced to close 224 stores with immediate effect, leading to 3,100 redundancies.
Chris Laverty, joint administrator at KPMG, said: ``Today's deal ensures the continued trading of a well-known name on the high street.
"While it is unfortunate that redundancies have been necessary, we are pleased that we have been able to preserve the majority of the business and jobs."
The local stores that will close are:
- Hull Hessle Road
- Hull Whitefriargate
- Bransholme North Point Shopping Centre
- Scunthorpe - The Parishes Shopping Centre
