Oddbins Closes

Wine merchant Oddbins have closed their Salisbury Square outlet as the company struggles with losses.

The closure is part of a restructuring process after the business entered a Company Voluntary Agreement, an alternative to administration.

Oddbins are closing 39 of their 128 stores, with the loss of up to 176 staff, including 15 at the company's head office.

Tough trading conditions and competition from supermarkets have seen the company make a loss for the last six years.

The closure leaves a prime unit empty at the heart of the town.