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Maplin and Prezzo worries

Two big names could disappear from the high street in Newbury this week with both Maplin and Prezzo both on the brink.

Having been on the market since last year, the underperforming branch of Prezzo on Cheap Street faces even greater pressure over its future after it was revealed that its owners could close as many as a third of its underperforming 200 sites within days.

The decision according to industry media is because of an imminent Company Voluntary Agreement.

Meanwhile on Northbrook Street the popular electric gadget store Maplin is also facing an uncertain future. There had been rumours that Edinburgh Woollen Mill were going to buy the chain, but this has since fallen through.

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