140 shops and 1,100 workers remain at risk as the hunt for a new buyer for The Original Factory Shop continues. Owner Modella Capital is reported to have had two bids to buy the chain, but no deal has yet been reached. Modella has extended its notice of intention to appoint administrators for TOFS, reports The Grocer. Modella said it could place the chain into administration earlier this month Modella said it had no choice but to start insolvency proceedings for both TOFS and Claire's