The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk. Fha Loan Down Payment And Closing Costs . The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk. Have fun, find us in rva. It added that the remaining stores are expected to trade for around eight weeks while closing down sales take place. It has been confirmed today that the Bedford branch of Beales will close within eight weeks, despite the joint administrators saying that they are still in discussions with interested parties regarding the sale of the remaining stores. Beales Bedford could be closing as chain at risk of collapse. Based, Poole Dorset, Beales Department Store offer fast delivery across all departments. 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. Beales’ press office was not able to comment. 12 Beales stores are set to close – after talks to rescue the business collapsed. A sleepy town with secret treasures. We make beer in Bedford, Virginia. Beales to close its final stores after sliding into administration. The units on the list include Beales’ flagship store in Bournemouth. We cannot comment at this moment in time around potential timings, but we will of course keep you posted over the coming days and weeks with regards to any updates.”. Wisbech In a statement, KPMG told the Bedford Independent, “Per the original statement from the joint administrators, the Bedford branch of Beales will continue to trade in administration, while the joint administrators continue to explore the possibility of a sale of the business. Yeovil. With a closing down sale now under way, Tony Brown, chief executive for Bournemouth-based Beales, said no jobs would be lost. Beales department store goes into administration closing 22 branches and putting more than 1,000 jobs at risk. You just discovered one of them. “There is currently no intention to implement closure plans for the remaining 11 stores, which will all continue to operate as usual until an outcome with regards to a sale of the business is clarified.”. The administrators said stores earmarked for closure would continue to trade, with closing-down sales for about eight weeks. “Employees across these stores will be retained to assist with trading over the weeks ahead, and the joint administrators and their teams will continue to work closely with staff during this period. As no offers have been received in respect of selling all 23 stores as a going concern, the joint administrators are now in the process of developing plans with store directors and management teams to implement the closure of 12 stores – including the Silver Street store. Beales put 1300 jobs at risk after collapsing into administration this week. “As the national challenge for high streets continues to particularly affect department stores and chains, we will continue to work hard with local business champions, including Love Bedford and our partners to promote Bedford and attract people and business to our beautiful town centre.”, Bedford HOURS. This includes Beales’ flagship store and many other significant locations. [19] On 18 February it was announced that, although negotiations with a number of parties were continuing, the remaining 11 stores would close within the following 8 weeks selling their remaining stock. It has been confirmed today that the Bedford branch of Beales will close within eight weeks, despite the joint administrators saying that they are still in discussions with interested parties regarding the sale of the remaining stores. 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. It added that the remaining stores are expected to trade for around eight weeks while closing down sales take place. ‘Closing Down – Everything Must Go’ signs were plastered across the stricken department store chain’s 22 stores – including one in Kendal – along with its website shortly after it was announced the company had been put into administration. The former Westgate department store, Lowestoft. Closed Down Business For Sale Closure looms for Beales stores as no buyer emerges. Tonbridge Other stores confirmed for closure include the brand’s flagship property in Bournemouth. 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. Mansfield 510 Grove St. Bedford, VA 24523. Beales department store in Perth will be closed down, it has been confirmed. Peterborough The 59-year-old says: "It seems to be the pattern of Bedford that it's closing down bit by bit. Beales in Bedford confirmed among 12 stores to close. Get an e-giftcard! - … Hexham Beales began trading in Bournemouth in 1881 but is now at risk of going bust 226 were here. Beales is one of the UK's leading department store chains. Administrators at KPMG said they are continuing discussions with "a number of interested parties" over a sale. It added that the remaining stores are expected to trade for around eight weeks while closing down sales take place. Over the last 20 years, a lot of the things we had, that we depended on, have disappeared." The Bedford branch of Beales is advertising its closing down sale, despite assurances from the administrator that the store will continue to trade while they seek to sell the business. Beales has gone into administration (Image: PA). 510 Grove Street, Bedford, VA, 24523, United States. The 139-year-old retailer went into administration last month and soon after announced plans to close 12 of its 23 shops. Debt Management Companies Closed Down. ... Bedford Bournemouth Bournemouth The Retail Gazette discovers what led to the heritage department store's downfall. J E Beales Coffee Shop, Bedford: See 27 unbiased reviews of J E Beales Coffee Shop, rated 3 of 5 on Tripadvisor and ranked #302 of 385 restaurants in Bedford. For more information visit us at www.Beales.co.uk Beales reopens website with closing down sale. ... has reopened its website this afternoon with an advert for a closing down sale in branches. It is thought stores will continue trading for around two months while closing down sales take place, with staff being retained. You may also want to watch: Employees across Beales stores will be … Do Closing Costs Include Down Payment . Keighley LOCATION. 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. Administrators at collapsed department store chain Beales have decided to close the final remaining 11 stores on Thursday, two weeks earlier than previously planned, due to the coronavirus outbreak. Mortgage No Down Payment No Closing Costs . The remainder of Beales department stores are likely to shut after the retailer’s administrator said it had received no “deliverable offers” for the business. Beales has announced 12 store closures following the department store’s collapse into administration earlier this month. One of Britain's oldest department stores Beales will close 12 of its 23 stores after ... said the 12 stores are to run closing down sales for around eight weeks and ... Bedford. Spalding Weds - Thurs: 4pm - 9pm. Employees across Beales stores … The Bedford branch of Beales is advertising its closing down sale, despite assurances from the administrator that the store will continue to trade while they seek to sell the business. Beales is set to close its remaining 11 stores, after no “deliverable offers” have been received. Beales Department Stores in St Neots These are all the Beales stores that could be closing: - Beccles - Bedford - Bournemouth - Chipping Norton - Diss Back To Top. We pride ourselves on bringing you the very best products from the biggest brands at prices you'll love. 2020-02-19T07:19:00Z. Cllr Henry Vann, town centre portfolio holder at Bedford Borough Council said, “This is obviously deeply sad news for those affected and for residents who use Beales. Beales reported increased losses of £3.1 million in 2019 and failed to secure rent reductions to cut its costs, or find a buyer to rescue the business. Worthing “However, if a sale of the business ultimately proves unsuccessful, the store will close. Perth ... Tonbridge, Peterborough, Mansfield, Keighley, Perth, Spalding, Wisbech, Bedford and Yeovil. Read: Beales latest: store group goes into administration with 23 shops at risk. Yeovil, Beales in Bedford confirmed among 12 stores to close. ‘Closing Down’ signs have been removed from the windows of Beales stores following a complaint from two Scottish politicians. Garage Door Won T Stay Closed Down. Beales ‘closing down sale’ while administrators say it’s business as usual, Beales latest: store group goes into administration with 23 shops at risk. On 7 February 2020, it was announced that Beales was closing 12 stores, due to failure to sell the chain as a whole. It is anticipated that the stores will run closing-down sales for around eight weeks. read all about it. 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