A NATIONALLY-recognised retailer is being tight-lipped about rumours it is set to open in Oswestry's former M&Co building.

M&Co, in Cross Street, closed its doors earlier this year in April after the company plunged into administration, leaving many wondering what will happen with the space.

Rumours have been circulating in town that Peacocks will replace the old shop, but the company has chosen not to respond to the talk.

When approached by the Advertizer they have declined to comment at this stage.

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This is not the first time the retailer has had a shop in town, but it was closed in 2012 as Peacocks went into administration. The chain was bought out by the Edinburgh Woollen Mill Group (EWMG).

In 2020 EWMG also entered administration, but it was later saved by a senior executive backed by an international association of investors.

As for the fate of M&Co, the chain was bought by Peterborough-based AK Retail after being put into administration for the second time in December 2022 but the deal did not include the physical stores and staff.

The store has served the town for several years and many shoppers felt it would be missed, as the chain shut all of its 170 shops.

If opened, Peacocks would join McDonald’s and The Range among the new brands that have set up shop in Oswestry.