Nearly 400 jobs are to go at clothing retailer M&Co.
The company, which used to be known as Mackays, said the focus of cuts will be on UK towns rather than city centres.
M&Co, which has a store in Malton, has been put into administration and its assets immediately bought back by the family that built it up.
A total of 47 shops will close, with 215 remaining open. According to administrators Deloitte's, the deal means about 2,600 jobs can be retained.
It said the company, in common with other retailers, had faced a number of difficulties and coronavirus made these worse.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here