The final 11 Beales department stores are set to close marking the end of a business with a history stretching back 140 years. Related articles. Half of Beales stores to close. Beales is set to close its remaining 11 stores, after no “deliverable offers” have been received. News Closure looms for Beales stores as no buyer emerges. The company has also made a further 20 staff redundant at its head office in Bournemouth, KPMG said. Beales closing all its stores for good tomorrow 30 comments ALL the remaining branches of Beales are closing today after the coronavirus crisis dealt the final blow to the 139-year-old business. You have entered an incorrect email address! The department store began trading in Bournemouth in 1881. Editorial: 0208 222 0503 Facebook. – Diss Beales department store in Perth will be closed down, it has been confirmed. Beales to close 12 stores. VideoWhen Greta Thunberg met Margaret Atwood... on Zoom. Beales plans to shut its Winchester and Rochdale stores this summer, and both branches are holding closing down Sales. More than half of Beales' 23 department store locations are to close, after the UK chain last month collapsed into administration. It added that the remaining stores are expected to stay open for around eight weeks while closing down sales take place. One of Britain's oldest department stores Beales will close 12 of its 23 stores after administrator failed to find buyer in fresh High Street hell The 139 … Department store Beales is set to have the doors closed on its the final stores, putting hundreds of jobs at risk. A statement from the joint administrators, KPMG, said, “It is anticipated that these stores will continue to trade, running closing down sales for around eight weeks. These cookies will be stored in your browser only with your consent. The business, one of Britain's oldest, employed approximately 1,050 people before announcing its first closures earlier this month. The online outlets BeallsFlorida.com and … In March, Stage announced it was closing … It is the latest chain to suffer from soaring business tax rates and lower demand from shoppers for physical stores. Beales closing all its stores for good tomorrow. We offer fast delivery accross all departments and you'll always get great service whether you buy instore or online. It formerly operated 23 branches before entering administration. Beales closures: Full list of shops at risk as department store enters administration Beales department stores have gone into administration, putting the future of the 140 year old chain under threat. © 2020 BBC. We apologise for any confusion. The staff have been treated really badly by both the Beales management and the Administration company…miss trust with both.. Save my name, email, and website in this browser for the next time I comment. Erica Roffe - 7th February 2020. Who's buying Dua Lipa, Lady Gaga and 5SOS on tape? – Southport ‘Closing Down’ signs have been removed from the windows of Beales stores following a complaint from two Scottish politicians. LK Bennett to shut stores as creditors approve CVA, Mike Ashley’s Frasers Group issues profit warning following Tier 4 restrictions, Arcadia brand Evans sold to Australia’s City Chic Collective for £23m, Debenhams gift cards expire as Mike Ashley considers empty stores, Next in takeover talks with Arcadia Group, Brexit food price increase “very modest” Tesco chair says. Beales, the department store chain that collapsed into administration in January, is to close the remaining stores still trading. A week ago, it was announced that a buyer for the beleaguered group could not be found and the 23 stores would be placed into administration. Other stores confirmed for closure include the brand’s flagship property in Bournemouth. The beleaguered department store chain will be forced to shut the doors on a dozen locations after it fell into administration last month . The administrators of the company are set to close 12 stores after attempts to sell all 23 of the retailer's outlets proved unsuccessful. hulldailymail A CLOSING down sale has been announced on the Beales website. Email. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The first Beales store opened in Old Christchurch Road in Bournemouth, Dorset in 1881 2016: Beales won creditors’ backing for a CVA, enabling it to negotiate rent cuts and close unprofitable stores. Beales to close its final stores after sliding into administration. 5039. This category only includes cookies that ensures basic functionalities and security features of the website. Bedford. All rights reserved. Online purchases now account for up to 70% of John Lewis... John Lewis Partnership completes roll-out of Covid-19 testing. This website uses cookies to improve your experience while you navigate through the website. Administrators at KPMG said that they are in talks with “a number of interested parties” over a sale, but have started preparations to close the remaining stores after failing to receive any “deliverable offers”. KPMG said at the time of the administration that Beales’ 22 stores would operate as per usual as it carries out the administration process. – Great Yarmouth Mansfield. Employees will be retained to assist with this trading. .css-1xgx53b-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-1xgx53b-Link:hover,.css-1xgx53b-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. – Lowestoft – Beccles Beales in Bedford confirmed among 12 stores to close. It is thought stores will continue trading for around two months while closing down sales take place, with staff being retained. It is mandatory to procure user consent prior to running these cookies on your website. Beales plans to shut its Winchester and Rochdale stores this summer, and both branches are holding closing down Sales. Wisbech. This website uses cookies to improve your experience. Department chain Beales is to close 12 of its stores after efforts to sell all 23 failed, according to administrators KPMG. Written by Rhys Thomas Posted 10.02.2020 | Retail. After initial efforts to find a buyer for the whole 23-strong chain had failed, the group said earlier this month that 12 of weakest stores … It comes after administrators KPMG announced earlier this month that the department store chain would close 12 of its 23 stores, including their flagship in Bournemouth. Will Wright, joint administrator for the company, said: “We’d like to thank all Beales employees for their wholehearted support and assistance during the administration process. Pinterest. Beales to close its final stores after sliding into administration 18/02/2020. Debenhams began closing 19 shops yesterday. Beales is set to close its remaining 11 stores, after no “deliverable offers” have been received. Stated that Beales ’ largest branches would be closing online meetings didnât go planned! But opting out of some of the website to function properly s collapse into administration a remained crowd! 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