A new concession is to take the place of Peacocks store within the Co-op on Macaulay Road, according to information supplied to welovestornoway.com today (Tuesday 11 May).
A spokesperson for the Co-op at their Manchester head office said: “"The Co-op is moving forward with a clear purpose and momentum and, while this often involves opening new stores, we also have to take difficult decisions.
“We can confirm that as part of this, we are ending our contract with Peacocks at the Stornoway branch.
“Every effort will be made to help them find alternative employment with the new concession owner at this store.
“This decision is in no way a reflection on the hard work of those employed at Peacocks, who have been informed."
Staff at the Stornoway branch of Peacocks learnt on Thursday that the store was to close on 5 June, due to the termination of the lease by Co-operative Stores.
The search continues for alternative premises which are large enough to accommodate the 3,000 square feet of display and storage space needed by the low-cost fashion chain.
Seven staff members will otherwise be made redundant, and there will also be the loss of an affordable clothing option for families.
The Peacocks chain is part of the portfolio of Anglo-Global Property Ltd, who bought out the brand after the collapse of its former owner, Edinburgh Woollen Mills in 2020.
The Stornoway branch of the chain has survived a round of branch closures by the new owners and is reportedly one of the most profitable in Scotland.