50 stores to shut with M&Co on brink of pre-pack administration

// McGeoch family on verge of buying back assets of M&Co via pre-pack administration deal
// The deal could mean 50 stores will permanently shut while hundreds of jobs will be lost
// M&Co currently has 262 stores and employs 2700 staffThe family that owns the M&Co value fashion chain is reportedly set to buy back the business via a pre-pack administration deal as part of efforts to save it from collapse.
According to Sky News, the pre-pack deal would see its assets sold back to