FASHION chain New Look plans to close 60 stores as part of a rescue deal to help it avoid going into administration.
But fortunately for Warrington shoppers, the Golden Square store is not one of them.
About 980 staff now face redundancy.
The rescue plan still needs approval from creditors.
"The retail trading environment in the UK remains extremely challenging, driven by weaker consumer confidence, the implications of Brexit and competition from online channels," said Daniel Butters, a partner at Deloitte, who is handling the New Look Company Voluntary Agreement (CVA).
"New Look is an iconic brand on the high street and the Company Voluntary Agreement will provide a stable platform upon which management's turnaround plan can be delivered.
"It is important to stress that no stores will close on day one, and employees, suppliers and business rates will continue to be paid on time and in full."
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here