As a result of the failed deal, the company started a liquidation process. Last month, Debenhams told staff at stores in Portsmouth, Staines, Harrogate, Weymouth and Worcester that they will not reopen. Debenhams’ administrator FRP Advisory said it is continuing to talk with potential suitors over the potential sale of all or parts of the business.
New Look in Western Road, Brighton
3. New Look On February 1, a New Look spokeswoman confirmed the shock news that the brand s city centre site in Western Road would be shutting for good. This came after the inside of the building was cleared out ahead of the third national lockdown.
The HSBC branch in Felixstowe s Hamilton Road before lockdown
- Credit: Google Maps
The loss of a HSBC bank from Felixstowe high street will be a big blow to the town, a business leader has warned.
The planned closure of the Hamilton Road bank - which is scheduled to shut on July 23 as part of a major cull of 82 UK branches this year - would hit business and the community, the town chamber s chairman has warned.
Roger Abbott, who heads up Felixstowe Chamber of Commerce, said the town contained a large older and elderly population and a big healthcare sector to support it - all of whom would be affected.
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Pic: Edinburgh Woollen Mill A deal recently saved collapsed UK retail company Edinburgh Woollen Mill (EWM). Two hundred and fifty stores and 1,500 jobs will be protected as a result. Retailers Edinburgh Woollen Mill, Ponden Homes and Bonmarche, owned by Philip Day’s EWM Group, will be sold to a consortium of international investors, according to a top UK English-language daily. Dubai-based businessman Day s Jaeger will be taken over by Marks & Spencer in a separate agreement. The new owner will operate under licence across both brands, saving 1,347 shop workers, 72 employees at head office and a further 34 jobs at the company s Carlisle distribution centre.
Administrators at FRP confirmed 246 stores will be saved by Purepay Retail, which is controlled by former owner Philip Day. The agreement secures the future for 1,453 workers.