The Original Factory Shop has recently entered administration, with Interpath Advisory appointed as administrators, potentially risking 1,180 jobs across 137 store locations. While the physical stores are still open for business, the online operations have been suspended. The retailer has been struggling due to cost inflation, increased labor expenses, and reduced customer spending.
Founded in 1969, The Original Factory Shop was acquired by Modella Capital in the previous year. Rick Harrison, the managing director at Interpath, expressed regret over the company’s financial challenges leading to the administration process. The administrators aim to work closely with the dedicated team to explore options for the business and maintain store operations in the near future.