What were the biggest failures on the high street in 2019?
PUBLISHED: 09:55 26 December 2019 | UPDATED: 09:55 26 December 2019
Over the eleven months to the end of November, 81 UK retailers – including some big names – fell into administration, according to new data.
This actually is less than the same time last year as more firms used restructuring methods to save them from collapse.
LK Bennett; the fashion retailer was bought from administration in a rescue deal in April, but said it would close 10 stores with the loss of 110 jobs. It continues to run concessions including one in Jarrold, Norwich.
Jack Wills; it collapsed into administration in August before it was snapped up by retail tycoon Mike Ashley.
Karen Millen; all of its and Coast's 32 UK stores were closed in September although its online brand was saved by Boohoo.
Links of London; the jewellery retailer, with a concession in Jarrold, is in the midst of an administration with 35 stores and 350 jobs at risk.
Supercuts/Regis; the hairdressing chains, which have a store in Castle Quarter, Norwich and a concession in Jarrold, were saved in a rescue deal by entrepreneur Lee Bushell, securing 140 of their 200 salons.
Bonmarche; the value retailer fell into administration in October, but a rescue deal was agreed with retailer Peacocks. It closed 30 stores before Christmas. However all four of its stores in Norwich, Yarmouth, Dereham and King's Lynn, all currently remain open.
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Bathstore; it fell into administration in June, but 44 of the company's stores were saved in a rescue deal with Homebase. The Norwich branch in Queen's Road closed.
Select; the fast fashion retailer fell into administration in May, before launching a CVA restructuring plan in June, saving stores in Norwich's Castle Quarter, King's Lynn, Yarmouth and Thetford.
Thomas Cook; the travel business was the most notable failure, with 800 stores, although 555 of these were saved by rival Hays Travel which re-opened the branch in Tesco, Sprowston, Norwich.
Oddbins; the wine specialist closed a raft of stores after it fell into administration in February, the second time in eight years.
Debenhams; the retail giant entered administration in April, starting a major restructuring process, with store closures to include Yarmouth.
Jessops; Dragon's Den star Peter Jones called in administrators for the property division of his troubled camera chain in December, putting around 500 jobs at risk.
Mamas & Papas; just days after rival Mothercare went bust, Mamas & Papas announced the closure of six stores.
The Book People; the online business drafted in administrators just a week before Christmas putting almost 400 jobs on the line.
Clinton's; around 2,500 jobs were saved at the greetings card chain after it was sold back to its original owners.
Marks & Spencer; in the midst of plans to close 100 stores to cut costs.
Tesco; it announced plans to cut 4,500 jobs in August.
Boots; confirmed in June that it will close 200 stores.
Topshop, Topman and Dorothy Perkins; 23 stores closed with 520 job losses.
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