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Jobs to go at Lancing model company
Forty-five jobs face the axe after it was announced hobby retailer Modelzone would begin winding up.
The company went into administration last month but no offers have been made for the business.
A store closure programme has begun with eleven new job losses at its Lancing headquarters – on top of the 20 already announced.
No store redundancy plans have been confirmed but six employees at Brighton will lose their jobs unless the store is bought.
Employees are being consulted over redundancies with stores due to begin closing in the coming weeks.
Deloitte administrator Richard Hawes said: “Despite our continued efforts, we have been unable to identify a buyer for the retail business.
"We would like to thank the company’s employees for their support and professionalism during this time.
“We continue to talk with potential buyers for Amerang Limited, the wholesale business. The situation at Modelzone does not affect the negotiations with respect to Amerang.”
Modelzone suffered from loss making leases on new stores and online competitions.
A number of closing-down promotions will be available before stores close.
Modelzone employs 355 employees across 47 stores.
The founder of the once-thriving hobby retailer told The Argus last week he was considering buying back the embattled company.
David Mordecai, who left the company a year ago, said: “We’ve had a look at it. I don’t know if it’s going to be too hard to resurrect.”
He added: “I’ve kept in contact with a lot of staff after working with them over the years and they’ve told me how distressing it was with what was happening.
“Those that have lost their jobs are the ones that are suffering. These people have given their lives to the company.
"A lot of them were enthusiasts, the job was a hobby. It’s a crying shame what’s happened.”
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