A shop in Arnold town centre could close after its owner went into administration for the second time in a year.
Bonmarché, which has a store on Front Street in the town, was bought out of administration by retail mogul Philip Day last February but fell into administration for the second time on Tuesday (December 1).
RSM, who have been appointed administrators, said no redundancies or store closures have yet been made.
Damian Webb, joint administrator of RSM Restructuring Advisory, said: “Bonmarche remains an attractive brand with a loyal customer base.
“We will shortly be marketing the business for sale, and based on the interest to date we anticipate there will be a number of interested parties.”
Bonmarche was first plunged into administration back in October 2019, before administrators agreed a rescue deal with retailer Peacocks.
Despite the deal, 30 stores were closed before last Christmas, affecting hundreds of jobs at the group.
