Liverpool's Rapid Discount Outlet, which replaced Rapid Hardware back in 2013, has followed its predecessor into administration.

Duff & Phelps have been appointed as administrators, with staff uncertain about their future with the firm as the shop goes up for sale.

Originally established in 1971, Rapid Hardware originally went into administration in 2013, just three years after moving from Renshaw Street to Basnett Street. More than 100 staff lost their jobs, but the tale took an unexpected twist when original owners the Doherty family bought the business back and re-branded it as Rapid Discount Outlet. They pledged to re-hire many of the staff who had lost their jobs due to the administration.

Duff & Phelps managing directors Philip Duffy and Sarah Bell have been appointed joint administrators, saying in a statement: “The administrators are reviewing the financial position of the business, with a view to continuing to trade to enable the business and assets to be sold.”

Though staff remain tight-lipped about details of the store's administration, it is thought that the store's city centre location has contributed to its demise, as customers are unable to park close by, preventing them from transporting bulkier goods.