Menswear retailer Greenwoods closes permanently less than a year after reopening in Scunthorpe

By Scunthorpe Telegraph | Posted: 2 Jan 2019

The Scunthorpe branch of specialist menswear shop Greenwoods has closed its doors for the last time, ending more than 40 years of trading in the town centre.

The sudden closure comes less than a year after the High Street shop reopened as one of 40 stores to be rescued in a buy-out by Bradford-based firm of Versatile International Trading after Greenwoods went into administration in 2017.

Customers have been told the branch, along with all others which were initially saved, has closed "permanently" after a turbulent year.

A sign on the empty shop's door said: "All outlets of Versatile International Trading Limited t/a Greenwoods Menswear have now closed for business permanently.

"The company director has instructed XL Business Solutions to place Versatile International Trading Limited into a Creditors Voluntary Liquidation."

Greenwoods announced it was 'closed for business permanently'

The store, which had been a fixture of the High Street for many years, had been cleared of stock and fittings by Monday morning, with only the sign above the door showing what it used to be.

Greenwoods first entered administration in September 2017, but was saved by Versatile International Trading. The Scunthorpe store reopened ahead of schedule in January.

However, the business was unable to remain trading for a full year and closure notices began appearing in shopfronts up and down the country on Saturday.

A Scunthorpe shopper who had just read the notice said: "It looks like it's gone for good this time, I don't think it will be back."

The chain, which started trading in 1860, specialised in suits and officewear.


Greenwoods on Scunthorpe High Street in happier times (Image: Grimsby Live)

It is not yet known how many job losses were caused by the closure.

The closure will temporarily leave another empty shop front on the High Street, which already has more than its share, as several major chains have disappeared from Scunthorpe town centre in recent years.

The town centre was also highlighted by accountancy giant PwC and the Local Data Company as one of the hardest hit in the region in the first half of 2018, with 18 businesses closing their doors and just four opening.



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