Casualwear independent Stolen From Ivor is closing its final store in Stockport in January after almost 50 years trading.
At its peak, the retailer had 43 stores across the north-west. It opened its first store on King Street in Manchester in 1965, according to the Manchester Evening News.
All but seven stores were forced to close in 2002 after the company went into administration. The last remaining store in Stockport, which opened in 1974, will close in January, putting three jobs at risk.
Company founder and managing director Ivor Hazan told the newspaper: “It feels like a family death, there’s no other way to describe it.
“But we’ve been struggling for three years now and I’ve been wrestling with the decision whilst putting in money to keep us afloat.”
He said the business, which specialises in inexpensive casualwear for both sexes, will go wholly online and use the Stockport premises as a distribution centre. He may consider re-opening at a later date.
“If the redevelopment [of Stockport city centre] is completed we will be right at the heart of where people arrive into town. which would be a big boost,” he said.
“Fingers crossed we can eventually re-open and rise from the ashes bigger and stronger.”