A Hobbycraft store in the county is among nine to close as part of a restructuring.

Owner Modella Capital is planning a significant restructuring, which could lead to the loss of up to 250 jobs, as reported by Retail Gazette.

The Cirencester store is one of those earmarked for closure, according to The Standard. It has been open for less than four years.

The private investment firm, which recently bought WH Smith, is preparing to launch a company voluntary arrangement (CVA) for Hobbycraft, starting today (April 23).

In addition to the nine stores set to close, a further 18 will be at risk, if discussions with landlords don't go to plan.

Around 100 jobs will be lost at the nine stores, a further 150 jobs will be at risk at the 18 at-risk stores and there are also expected to be some job cuts at Hobbycraft's head office and distribution centres.

Modella Capital said it is 'absolutely committed to bricks and mortar retail' and has the skills to restructure retailers to create profitable businesses.