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another shop closing?
RETAIL firm Stationery Box, which has stores in Blackburn, Burnley and Accrington, has been placed into administration.
The future of the Accrington store is uncertain but administrators at bosses at DTE Leonard Curtis said they were hoping to sell the stores as a going concern, and save many of the jobs involved. as stated in the telegraph! that will be 3 shops next to each other all shut then?:confused: |
Re: another shop closing?
dont wory maybe we can get a brothell to go with the whipping joint :)
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Whats this town coming to, catch 22 though isn't it, if there are no good shops you don't attract the shoppers and if there are no shoppers you dont attract the decent shops. Read about the whipping shop, think its hilarious!
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Yep, I said something similar somewhere else. It's a real shame though isn't it? |
Re: another shop closing?
Warrington branch is also closing. All the stock is being sold off at half price.
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Re: another shop closing?
It is a real shame Willow and the statement so very true, will have to stock up on things before they close, very reasonably priced in there.
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Re: another shop closing?
It amazes me that the council can't see that there is a problem with the retail section of the town. Three shops in a row now closed or at least soon to be closed, yet we still have these rediculous little stall where the clock once proudly stood. I personally avoid that part of the Arndale, because i'm sick of being asked "would you like Sky sir? or, would you like to buy some of this usless cr#p sir?
I don't really remember the clock, but from what i've read (& seen) on here, it made people want to visit the Arndale, thus also spending money in the shops. :mad: |
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In all fairness, I don't think it's just a localised problem in Accrington - these shops are part of chains and it's the whole of the North West that's having problems.
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Is Adams still open. There appears to be confusion as to the state of that company at that moment ?
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I know the shops that are closing are part of larger chains, but its the fact that they are then taken over by charity/pound shops which bothers me. |
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More than 3,000 retail jobs have been saved after the childrenswear chain Adams was bought out of administration. The deal involving retail entrepreneur John Shannon - formerly chairman of footwear firm Stead & Simpson and clothing chain Country Casuals - ensures that 273 stores around the UK will remain open. PricewaterhouseCoopers (PwC), which was appointed as administrator on Thursday, said it had not been possible to save 42 branches, affecting around 400 jobs. PwC partner Rob Hunt said: "If we had not been able to complete this transaction it is highly likely that significantly more store closures and redundancies would have occurred." Operating from Nuneaton, Adams is the largest specialist retailer of children's clothing in the UK with an annual turnover of £200 million. It also has a number of overseas franchise outlets and retail customers, which PwC said would continue to be served following the deal. Adams holding company, Myriad Childrenswear and its clothing subsidiary TU Childrenswear are not impacted by the deal and continue to operate as normal under the control of their directors. PwC said the deal with Mr Shannon was completed immediately following its appointment as administrators to the company. Mr Hunt added: "This sale will enable 273 stores to continue trading, safeguard some 3,200 jobs and ensure that Adams continues to have a place on the high street." One media report said Mr Shannon paid less than £20 million for the shops. It is the second retail rescue in as many days after Kwik Save said an investment company had agreed to take a majority stake in the business. A new chief executive and chairman will be appointed to steer the group. |
Re: another shop closing?
I heard a rumour when down that one of the c0mputer/console games was shutting as well as the ones that are going or have already gone. How true it is I havent a scoobie but if it happens it is another nail in the towns retail outlets coffin.
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Re: another shop closing?
Its getting to teh point where all that will be left will be Tesco/ASDA and the like.
isn't that 4 shops in the presitgous shopping centre of town now closed (Just how long is it since Cryers moved out, must be going on a few years now????) So someone tell me again why they built all the new shops where the market used to be??? |
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He thinks he is Shaggy but has lost his dog :D |
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