Allders Stores On the Verge of Collapse ; 7,000 Jobs at Risk As High Street Department Chain May Be Sold Piecemeal
Evening Standard - London › January 26, 2005
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Summary
ALLDERS, the 45-strong stores chain, is on the verge of collapse and could be put into administration today. The move would put 7,000 jobs at risk and threaten the pension rights of 2,500 employees.
Bankers to the group will confirm the collapse of the business with the appointment of administrators ordered to sell off the group piecemeal.See the full content of this document
Extract
Allders Stores On the Verge of Collapse ; 7,000 Jobs at Risk As High Street Department Chain May Be Sold Piecemeal
Customers who have ordered goods may find themselves losing out, since there appears little chance o...
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