AN ‘unsustainable loss-making position’ has forced Aulds to go into liquidation affecting 26 stores across Scotland, including Ayr.

Continuing their trade until a buyer is found, the family-owned business placed its business into liquidation on Thursday, August 2 as part of a ‘turnaround plan’ allowing it to focus on the ‘growth’ of its production and wholesale operations.

With 180 jobs at risk, the bakeries in Greenock and Inchinnan will continue to operate and supply to other shops, safeguarding 200 jobs.
Managing director, Alan Marr, said: “We have invested considerable time and effort looking at alternative courses of action. 

“Unfortunately, the losses in our retail business are such that the rest of the group is no longer able to sustain it.”

“We sincerely regret that a significant number of our colleagues will be affected by these circumstances, and we’ll be working closely with local job centres and other services to help people into new jobs if necessary.

“The Aulds brand is one of the last large independent retail bakers in Scotland and we passionately believe in our products and are absolutely committed to a successful future for this business.

"The other parts of our business will continue to operate and people who enjoy our products will still be able to buy them from their usual Scotmid and other local convenience stores.”