The childrenswear chain announced this week that 111 of it stores would be closed down, but the one in town has avoided the axe.


Rob Hunt, joint administrator and partner at PricewaterhouseCoopers LLP, said on Monday there had been 'a number of expressions of interest in the Adams business and brand'.


He added: "As a result, we are hopeful that we will be able sell some parts of the business.


"However, following our appointment and in light of the current downturn being experienced on the high street, it is with regret that it has been necessary to effect the closure of 111 stores throughout the UK as of today. Unfortunately, this will inevitably lead to a number of job losses and 850 people across the company will be made redundant with immediate effect. My team and I will be doing all we can to help these employees at this difficult time."


The remaining 160 stores will stay open as normal whilst the administrators continue to find a purchaser for the business.