The joint administrators of the Beales department store chain, Will Wright and Steve Absolom from KPMG, confirmed yesterday (Tuesday February 18) that they are ‘continuing discussions with a number of interested parties’ for a sale of the business as a going concern. But with no deliverable offers received for the …
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Will Wright and Steve Absolom from KPMG Restructuring were appointed joint administrators to Beale Limited and J E Beale Plc (“Beales”) yesterday (Tuesday January 21). Founded in Bournemouth in 1881, Beales operates 23 department stores in market towns across the UK selling a range of furniture, fashion, toys and cosmetics. …
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Consumer association has commented on the news that department store chain Beales has collapsed into administration. Which? consumer rights expert Adam French said: “Beales falling into administration is the latest example of traditional high street retailers struggling to adapt to changing shopping habits. “While stores remain open, your consumer rights …
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