It is with regret that today 25th October 2018 we have to announce that we have entered into an agreement with a developer to sell Maloney’s Retail Stores (Ascot) Ltd to them.
The store will cease trading on 24th November be closed for a period of time for refurbishment and re-branding when it will re-open as a another retail brand.
Our Ascot staff will transfer to the new retailer and will be protected.
We thank our loyal customers and our staff for their efforts over the past 12 years and will support them through the sale process. We anticipate that business will carry on as usual over the next 4 weeks and hope that we can count on our customers support during this time.
We have not taken this decision lightly but in the current economic climate we feel that a stronger retail brand will give our staff greater job security, career progression and provide a sustainable retail proposition for the town of Ascot.
This does not affect our store in Virginia Water where it is very much business as usual.