Off-Island buyers guarantee all 110 jobs
Tynwald Mills has been bought by the Channel Islands' largest retailer, which is looking to expand the business.
Having purchased the department store for an 'undisclosed sum', Sandpiper Cl says it's looking into using it as a launch pad to roll out concessions Island-wide.
The Mill Shop Ltd. sold off its share capital of the company's trading division after 30 years - boss Stephen Bradley says the changes won't happen anytime soon.
Sandpiper CEO Tony O'Neill is guaranteeing the jobs of all 110 employees - he explains what's in the pipeline: