Stuttafords has finally closed shop, after a last-ditch effort to rescue the stores in Eastgate and Sandton failed this week.

Interestingly, it was property company Liberty Two Degrees that scuppered an offer from a prospective buyer.

The 159-year-old grande dame of SA department stores was subjected to a second bidding process, which kicked off three weeks ago and was concluded last week. By Monday morning it was clear it had failed.

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