A cafe and deli in Selkirk run by the soup firm Baxters is to close, with the loss of more than 20 jobs.
The company says it can no longer run the business, because its distributer plant at Blackford in Perthshire is set to be sold.
The news has been described as bitterly disappointing and a blow for the town, as Jenny Longden reports:
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Young's Seafood itself is now on the market. The potential sale is understood not to have an affect on the possible closure of Pinneys.
Scottish Secretary David Mundell is to meet with key figures as efforts to save the closure-threatened Pinneys seafood factory continue.
Scottish Parliament has been warned that the closure of Pinneys factory would be an 'economic tsunami' for Annan.