Oddie’s, known formally as W.H. Oddies Ltd, has been a cherished establishment in Lancashire for nearly 120 years, employing over 100 people across its 13 locations. Founded in 1905 by William Henry Oddie, the first shop opened in the quaint town of Colne, marking the beginning of a legacy that has deeply embedded itself into the local culture.
The company flourished over the decades, evolving through various challenges and economic crises. It was passed down through generations, initially managed by Jack Oddie, who helmed it for several decades before it transitioned to Bill Oddie in 1988. Oddie’s has left an indelible mark on towns like Blackburn, once operating a stall in the lively local market, and has been known for its dedication to quality and craftsmanship.
Oddie’s is particularly renowned for its freshly baked bread, skillfully crafted confectionery, delectable pies, and savory goods that have won the hearts of countless customers across the region. In 2005, the bakery reached a significant milestone; it hosted a visit from the then Prince Charles at their main bakery in Nelson to commemorate their remarkable 100th anniversary. That occasion was a testament to the bakery’s long-standing commitment to quality and its role in the local community.
However, despite its storied history and resilience, Oddie’s finds itself at a critical juncture. Facing rising energy costs and a notable decline in high street customer footfall, the Oddie family has made the difficult decision to consider selling the business. Director Lara Oddie has voiced her concerns regarding these economic pressures. In her poignant remarks, she noted how Oddie’s has weathered numerous storms over the years, including the turmoil of two world wars, the Great Depression, the decline of the Lancashire cotton industry, the growing influence of large supermarkets, and even the disruptions caused by the Covid-19 pandemic—a challenge that necessitated a complete overhaul of their operating model.
Despite their historical resilience, the Oddie family now faces an unprecedented challenge. The current energy crisis has resulted in costs soaring to four times their normal rates. Coupled with a noticeable decrease in high street foot traffic, which has significantly affected retail outlets, the decision to put the business up for sale was a painful yet necessary measure for the family.
Lara Oddie expressed the heartbreak felt by the family as they confront the potential closure of a business that has not only represented their family’s legacy but has also been a vital part of the local fabric. “As a family firm, we have always seen ourselves as part of the community, making this a heartbreaking situation for our devoted staff and our loyal customers in Burnley and Pendle,” she stated.
The process to find a new owner for Oddie’s is being guided by Azets, an accounting and advisory firm, alongside Brabners Solicitors. The corporate finance partner at Azets, Tim Mills, has emphasized the increasingly challenging environment in which businesses are operating. He noted that many companies are facing severe financial difficulty as a result of escalating energy costs and reduced footfall, factors that have created a perfect storm for retail businesses in particular.
Mills articulated the effort that is being made to explore potential sale options, stating, “We’re working with interested parties with a goal of securing a future for Oddie’s, aiming to preserve as much of the business and as many jobs as possible.” The urgency of their efforts is clear; should a viable buyer not be found soon, the beloved bakery may have no choice but to close its doors forever.
Community reaction to the news of Oddie’s potential closure has been one of shock and sadness, highlighting the deep emotional connection that many have with the bakery. Locals have shared fond memories of visiting Oddie’s shops, indulging in their renowned baked goods, and how the bakery has been a staple in their lives. The thought of losing such an institution resonates deeply, as it is not just about closing a business, but about losing a beloved part of the local community’s identity.
The struggles faced by Oddie’s reflect broader issues affecting the retail sector—particularly on high streets, which have seen a significant shift in consumer behavior. The rise of online shopping and changing consumer preferences have left many traditional retailers grappling for survival. Energy prices, exacerbated by global conflicts and supply chain disruptions, have further intensified these challenges, particularly for businesses that rely heavily on energy for production and retail operations.
Despite these obstacles, the story of Oddie’s is one of resilience. As the company looks for ways to continue its legacy, the Oddie family remains hopeful that a new owner may bring fresh energy and ideas to the business. They hope to find someone who understands the value of what Oddie’s represents—not only as a bakery but as a local institution that has been part of its community for generations.
As the search for a buyer continues, the family is reaching out to the community for support, encouraging loyal customers and local residents to share their love for Oddie’s. Such public sentiment can play a crucial role. In an age where community support can make or break a local business, the outpouring of affection could potentially open doors for new partnerships or inspire a local entrepreneur to step in and continue the Oddie’s tradition.
The conclusion of this saga remains uncertain, yet the resilience that has characterized Oddie’s throughout its history provides a glimmer of hope. It is a testament to the bakery’s steadfast commitment to quality, community, and family values that it has reached this significant milestone. The Oddie family’s determination to navigate these turbulent waters resonates with many, as they seek a path that keeps this historic bakery’s legacy alive.
As Oddie’s faces this pivotal moment, it stands as a reminder of the challenges small businesses face in an ever-evolving economic landscape. The coming days and weeks will be crucial as the future of Oddie’s hangs in the balance, and the community watches and waits, hoping for a positive outcome that will allow this iconic bakery to continue serving its cherished products for many more years to come.