469 jobs cut at collapsed chain Ethel Austin
11 April 2012
Administrators cut 469 jobs today at discount retailer Ethel Austin and its sister homeware chain Au Naturale.
MCR is cutting 404 jobs at the group's distribution depot and 65 at its head office in Knowsley, Merseyside.
The administrators said 129 loss-making outlets from the group's network of almost 300 stores would begin a closing-down sale tomorrow, although MCR has not ruled out a rescue if a willing buyer can be found.
The 76-year-old group is in administration for the second time in two years following an earlier rescue from collapse in May 2008.
