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Ethel Austin goes into administration

Ethel Austin goes into administration

6:21pm 8th February 2010

Thousands of jobs hang in the balance, some in Malton, after a 76 year old discount retailer went into administration.

Ethel Austin, which has stores right across Yorkshire, has failed to reverse its fortunes following its rescue from collapse in May 2008.

Administrator MCR says it cannot rule out store closures and redundancies, as it goes through the retailer's books.

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