M&Co, has stores in Bridgnorth, Oswestry, Newport, Welshpool.
M&Co was put up for sale by Teneo in December and has now reportedly been purchased by A K Retail, which owns Yours Clothing.
"We are all devastated by this news, but will continue to work together to bring our shop to a close."We continue to receive deliveries as the business clears the warehouse and we are even receiving some new Spring lines in, still at fab 30 per cent discount. We hope to see you all over the next few weeks and we are so thankful for all the support you have been giving us since we entered administration in December.
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