The Original Factory Shop (TOFS) is a Burnley-based discount department store which operates nearly 200 stores throughout the UK. Retail Week provides news, analysis, features and opinion about TOFS and the department stores sector.
After 233 years on the high street, news broke last week that WHSmith’s high street business has been sold to Modella Capital for £76m
The new owner of The Original Factory Shop (TOFS) is drawing up plans for a significant restructuring of the discount retailer shortly after taking control.
The expectation is that a deal is being targeted for April.
The Original Factory Shop has been purchased by Modella Capital, the owner of retailer Hobbycraft.
Value retailer The Original Factory Shop is close to being bought by the owner of In The Style with a deal expected in the coming days.
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