Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Croydon
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.1 - Retail sale in non-specialised stores

850 jobs
Number of planned job losses
Job loss
Announcement Date
10 September 2012
Employment effect (start)
Foreseen end date
30 September 2012

Description

Department store Allders will close down by the end of September 2012 resulting in the loss of up to 850 jobs in Croydon, UK. 

The store was placed into administration in June 2012. According to the store's administrators, the closure of the business came after the last potential buyer withdrew from negotiations.


Sources

  • 10 September 2012: Retail Week

Citation

Eurofound (2012), Allders, Bankruptcy in United Kingdom, factsheet number 74142, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74142.