THE ABBEYGATE Centre has received a boost after two retailers pledged their future to the complex.
Both fashion chain Peacocks, which was experiencing financial difficulty and new electrical retailer Brighthouse have safeguarded jobs in the town.
Brighthouse is a weekly payment store selling electrical goods, kitchen appliances and home furnishings.
They have taken on two units, which were formerly occupied by Clarks Shoes and the Card Factory and they have been opened up to create one outlet.
The company has also taken on a number of full and part time staff and is poised to open soon.
Meanwhile it was announced last Wednesday that the Edinburgh Woollen Mill had bought 338 Peacocks stores after the fashion retailer went into administration last month.
Staff at the Abbeygate store had faced an uncertain future but among the 338 shops saved, the Arbroath outlet was one of them.
However, other stores were not so lucky with 224 closing immediately after the announcement of the sale.
But the chairman and chief executive of Edinburgh Woollen Mill, Philip Day said: “We look forward to working with our new colleagues to rebuild the business in what is a very tough economic environment for High Street retailers in the UK.”
The Abbeygate in the town centre has seen many changes recently as retailers have both left and moved in to the complex.
The likes of Iceland, Clarks Shoes and the Post Office have moved out with the Co-op now occupying a smaller store.
However retailers such as Poundland, Home Bargains and now Brighthouse have plugged the gap.