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Published on: 19/02/2020 06:54 AMReported by: roving-eye
The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk.
The 139-year-old retailer went into administration last month and soon after announced plans to close 12 of its 23 shops.
Administrators at KPMG said they are continuing discussions with "a number of interested parties" over a sale.
But they are preparing to shut the remaining stores after failing to receive any "deliverable offers".
The company has also made a further 20 staff redundant at its head office in Bournemouth, KPMG said.
It added that the remaining stores are expected to stay open for around eight weeks while closing down sales take place.
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Your Comments:
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So much for Southport Bid securing it's future, goes to show what liars these people are.
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But but where is all that money our M.P. secured and his reinvigorating the High Street?
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Originally Posted by
toffee man
But but where is all that money our M.P. secured and his reinvigorating the High Street?
You mean the money that didn't actually exist
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Originally Posted by
toffee man
But but where is all that money our M.P. secured and his reinvigorating the High Street?
Well wherever it may be it shouldn't be used to prop up failing businesses.
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If the store or group is not viable
then it's unfortunate and needs to
close.
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Originally Posted by
Ric
So much for Southport Bid securing it's future, goes to show what liars these people are.
Where & when did they say that?
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Originally Posted by
Ric
So much for Southport Bid securing it's future, goes to show what liars these people are.
Exactly how can Southport Bid save a failing business?
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Originally Posted by
gsgsgs
Exactly how can Southport Bid save a failing business?
No idea, I thought it was bull when I read it, the line was "Southport bid has been working to secure it's future" it was on a post saying how the store was staying open. Can't remember if it was this site, t'other site or one of the fb ones.
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