CUMBRIAN Joules stores are safe from initial closures, as the retailer announced a full list of its 19 stores that would be closing on Thursday.

Administrators for retailer Joules will close 19 stores with the loss of 133 jobs as they announced a rescue deal for the company.

The retailer has stores in Keswick, Carlisle, Bowness , Kendal and Ambleside, with none of the Cumbrian stores appearing in the closure list.

The chain was bought out of administration by rival retailers Next and founder Tom Joule, but only around 100 of the 124 Joules stores were purchased as a part of the package.

Administrators at Interpath Advisory have confirmed that 133 redundancies have been made as a result of Joules' rescue deal.

The deal will see Next own a 74 per cent stake in the business, with Tom Joule owning the remaining 26 per cent share.

The full list of shops that will close on Thursday are:

  • Carmarthen
  • Cheltenham
  • Chichester
  • Edinburgh
  • Exeter
  • Gateshead
  • Lyme Regis
  • Newbury
  • Northcote Road
  • Oxford
  • Peak Village
  • Peterborough
  • Reigate
  • Salcombe Fore Street
  • Sherborne
  • Southwold Little Joule
  • St Davids
  • Waterloo
  • Watford

Will Wright, head of restructuring at Interpath Advisory, said: "Following a highly competitive process, we are pleased to have concluded this transaction which secures the future of this great British brand, as well as safeguarding a significant number of jobs.

"To have achieved this in such a short timetable is testament to the support we’ve received from employees, suppliers, and other key stakeholders throughout the administration process, so we’d like to express our profound thanks to everyone involved."

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Founder Tom Joule said the business needs to 'recapture' the imagination of its customers again after it was announced he was teaming up with Next in a rescue deal for the clothes retailer.

Mr Joule said: "After three years away from the operational side, I'm truly looking forward to inspiring teams with clear direction to excite and recapture the imagination of the customer again.

"Our customers have always trusted us to lead, not follow, with products that reflect their lifestyle.

"It's important that we live up to the high standards they desire in design, quality and, with Next's Total Platform delivery and customer support proposition, the service they expect.

The company drafted in administrators last month after failing to secure emergency funding following a surge in costs and slowdown in customers demand.

READ MORE: Jobs at risk as national chain at risk of closure in two towns