Diss electronics store to close after more than seven decades in town
A family-run chain of electrical shops which has a branch in Diss is to cease trading, leaving 23 people out of work.
Three of those are employed at the Victoria Road branch of Taylor Electrical, which was established in Beccles in 1922.
A spokesman for the firm blamed a range of factors, including the exponential increase in online retailers and consumers shopping on the Internet.
Neville Short, manager of the Diss branch, said: “We would like to thank all of our customers for their help and support over the years.
“Several have been in to say they are sad to see us going, and that they’re going to miss us.”
Mr Short has been employed at the store for 12 years, but believes it has been in the town for more than seven decades.
He is now looking for a new job.
A spokesman for Taylor Electrical said: “The cumulative effect of the prolonged economic downturn, plus additional competition from the Internet, has adversely affected turnover in recent years, and, despite considerable savings in overhead costs, the company can no longer continue to trade profitably.
“The majority of Taylor’s shares are owned by the employees in an employee share trust scheme, and the trust has approved the directors’ recommendation for a winding-down and subsequent closure of the company.”
Four branches will be closing in all, with Beccles, Halesworth and Mildenhall completing the firm’s quartet.
A closing down sale will run indefinitely in all Taylor Electrical branches until stock is sold.
Many items at the Diss store, which does not yet have a specified closing date, have been reduced in price by 50 per cent.
In 2011, electronic retailer Bennetts closed its Diss branch, which was next door to Taylor Electrical.
And last week, the Diss Express reported on another local business, Godfrey DIY, which is in the middle of a “redundancy consultation”.
What are your memories of Taylor Electrical in Diss? Let us know by emailing email@example.com
- Man, 25, from Eye dies after motorcycle collision in north Suffolk
- Friends brave the cold in their bras for London walk
- Is something sinister behind the missing Diss Mere Street chickens?
- Diss on the up and up
- BREAKING: Young motorcyclist from Eye who died in Fressingfield road crash yesterday is named
Search for a job
Search for a car
Search for a house
Weather for Diss
Tuesday 21 May 2013
Temperature: 7 C to 12 C
Wind Speed: 24 mph
Wind direction: North
Temperature: 4 C to 13 C
Wind Speed: 15 mph
Wind direction: North west