27 June 2016 - Janet Bird
Over 1,600 under threat My Local staff have been thrown an employment lifeline by the chain's former owner Morrisons.
Morrisons sprang to the rescue of its former employees after new My Local owner Greybull Capital announced its intention to put the firm into administration last week, with the closure of 100 stores.
While KPMG has been appointed as administrator for the collapsed chain and will seek to find a buyer for the business, Morrisons has promised to offer 1,658 former staff members jobs at the supermarket should no purchaser come forward. My Local currently employs a total of 2,300 staff, all of whom are now at risk.
KPMG is hoping to find a buyer for the entire My Local estate, but will sell stores off individually if this proves impossible.