It is with regret that we have to announce that we have entered into an agreement with Sainsbury’s to sell Maloney’s Retail Stores (Shepperton) Ltd to them.
All of our Shepperton staff will transfer to Sainsbury’s under TUPE regulations.
Completion of the sale is expected to be late September / early October and the store will be closed for a period of time for refurbishment and re-branding.
We thank all of our staff for their efforts over the past 10 years and will support them through the sale process. We anticipate that business will carry on as usual over the summer months.
We have not taken this decision lightly but in the current economic climate we feel that a strong brand such as Sainsbury’s will give our staff greater job security, career progression and provide a sustainable retail proposition for the town of Shepperton.
This does not affect our stores in Ascot and Virginia Water where it is very much business as usual.