Norwich company Hawkin’s Bazaar collapses into administration
PUBLISHED: 09:42 24 January 2020 | UPDATED: 13:46 24 January 2020
Hawkin’s Bazaar has called in administrators to take over the business.
The Norwich-based chain, which sells novelty toys, is headquartered in Yare House in Thorpe Road.
Hawkin's Bazaar also has a store in the Castle Quarter shopping mall.
A sign in the shop's window said: "On January 23 Tom Straw and Simon Thomas of Moorfields Advisory were appointed Joint Administrators of Hawkin's Bazaar Limited.
"The administrators now manage the affairs, business and property of the company.
"The administrators act as agents only and without personal liability.
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"Although the company is in administration, all stores will continue to trade until further notice."
A similar notice has been posted on the chain's website.
The company, which employs 180 people, moved to Yare House from the Old Aerodrome in Beccles in 2013.
It also has its main warehouse in Eye.
The company's unusual name was also inspired by an East Anglian connection, when the founder of the toy chain - Sid Templer - moved his shop from Northumberland to Suffolk.
Mr Templer moved his business into a disused pub, named the Hawk Inn.
He then realised he could save a line in the address if he persuaded the Post Office to rename the address Hawkin as opposed to Hawk Inn - and so the name was born.
The company has since grown to 20 stores.