Copy … John Lewis has warned that its staff bonus may be in doubt as it reported Christmas sales at its department stores were down 2% for stores open at least a year. .css-1xgx53b-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-1xgx53b-Link:hover,.css-1xgx53b-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. The department store began trading in Bournemouth in 1881 and has 23 shops. It had since been owned by several different private investors. He wanted to set the record straight that, after a group strategic review, Beales in Tonbridge is … FranW-31. Beales has appointed KPMG as administrators after failing to find a buyer or new investment for the business. SHOW DEAL. The 139-year-old retailer went into administration last month and soon after announced plans to close 12 of its 23 shops. Beales' chief executive Tony Brown led a management buyout of the firm in 2018. Five dead as earthquake rocks central Croatia, .css-q4by3k-IconContainer{display:none;height:1em;width:1em;vertical-align:-0.125em;margin-right:0.25em;}playBodycam footage shows before and after Nashville bomb. Shop The 48 Hours Sale : Get 30% Off Beales Closing Down Sale. By Jennifer Logan. In the year to March 2019, the company reported a loss of £3.1m, up from £1.3m for … The news means Beales is set to disappear from the site where it was founded in 1881. The department store in South Street is among 12 stores across the country to close its doors after efforts to sell all 23 stores together have failed. SHOW DEAL. KPMG's Will Wright, who is the joint administrator to Beales, said: "With the impact of high rents and rates exacerbated by disappointing trading over the Christmas period, and extensive discussions around additional investment proving unsuccessful, there were no other available options but to place the company into administration. Department chain Beales is to close 12 of its stores after efforts to sell all 23 failed, according to administrators KPMG. - Credit: Archant Beales department store in Perth will be closed down, it has been confirmed. The former Westgate department store, Lowestoft. Beales has announced 12 store closures following the department store’s collapse into administration earlier this month. Close to 1,000 jobs could be lost after Beales, which has 22 UK branches, enters administration making it the latest victim of the high street's struggles across the UK … Such challenges have caused the likes of Marks & Spencer and Debenhams to close stores in order to survive, while House of Fraser recently admitted more of its stores faced closure to ensure its long-term survival. Beales stores in Peterborough, Spalding and Wisbech to close ... said the 12 stores are to run closing down sales for around eight weeks and staff will keep their jobs until then. The stores to close are: the Bournemouth flagship (pictured above), Hexham, Worthing, Tonbridge, Peterborough, Mansfield, Keighley, Perth, Spalding, Wisbech, Bedford and … By Grace Whelan 7 February 2020 The stores to close are: the Bournemouth flagship (pictured above), Hexham, Worthing, Tonbridge, Peterborough, Mansfield, Keighley, Perth, Spalding, Wisbech, Bedford and Yeovil. It struggled last year (2019) after its UK retail sales fell for the first time in a quarter of a century. The barely known NCP car park rule that will surprise many drivers; Beales is a British department store institution that has traded since 1881. Cancel Update. Read More Related Articles. By Grace Whelan 7 February 2020. Beales' final 11 stores will close over the next eight weeks (Image: Adam Gerrard / Daily Mirror) Read More Related Articles. Search for Department Stores near you on Yell. Beales department stores have gone into administration, putting the future of the 140 year old chain under threat. Close to 1,000 jobs could be lost after Beales, which has 22 UK branches, enters administration making it the latest victim of the high street's struggles across the UK Based in Sunny Poole on the south coast of England, Beales Department Store has some of the lowest prices in the UK. Beales, which has three locations in Cambridgeshire, could be going into administration. You may recall that someone claiming to be the Chief Executive Officer of the department store chain posted a comment below the article on Tonbridge shop closures recently. Share. Beales began trading in Bournemouth in 1881 but is now at risk of going bust The Tonbridge reporter at the Courier has been on to me about my TonbridgeBlog post regarding Beales. Sports fashion retailer JD Sports says it expects to report full-year profits at the top end of forecasts. Mr Hyman said department stores were "very expensive to run" and faced "overwhelming" competition from other stores, particularly online rivals, predicting there would be "far fewer of them" in future. VideoWhen Greta Thunberg met Margaret Atwood... on Zoom. Department store chain Beales is to close 12 of its shops in a bid to sell the rest. … Our Education Directory has everything you could possibly need! Earlier this month, it was announced that 12 stores were to be closed including shops in Bournemouth, Hexham, Worthing, Tonbridge, Peterborough, Mansfield, Keighley, Perth, Spalding, Wisbech, Bedford and Yeovil. The BBC is not responsible for the content of external sites. Beales, which was founded in 1881, has 22 locations nationwide, including one in Bedford. The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk. Department chain Beales is to close 12 of its stores after efforts to sell all 23 failed, according to administrators KPMG. Employees are expected to be retained across the 12 sites. Beales had tried to secure rent reductions with landlords and was in negotiations with potential investors and buyers. The company, headquartered in Bournemouth and which started trading in 1881, revealed before Christmas it was examining its options, one of which was the sale of the company. 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 … Closing down signs at Ashford's Peacocks The first lockdown, ushered in at the end of March, would last for the best part of three months. A CLOSING down sale has been announced on the Beales website. Read More Related Articles. Beales have confirmed that they have "no intention" to close their St Neots store, as they announce the closure of 12 of their 23 stores. Other stores confirmed for closure include the brand’s flagship property in Bournemouth. Beales, which has a string of stores nationwide, including one at Tonbridge's Angel … In October 2018, the group CEO, Anthony Brown, completed a management buy out. Beales department stores have gone into administration, putting the future of the 140 year old chain under threat. A CLOSING down sale has been announced on the Beales website. Beales closures: Full list of shops at risk as department store enters administration Beales department stores have gone into administration, putting the future of the 140 year old chain under threat. Recent data from the British Retail Consortium revealed that retail sales fell for the first time in a quarter of a century last year. Department chain Beales is to close 12 of its stores after efforts to sell all 23 failed, according to administrators KPMG. It added that the remaining stores are expected to trade for around eight weeks while closing down sales take place. The barely known NCP car park rule that will surprise many drivers; Beales is a British department store institution that has traded since 1881. A spokesman for KPMG, the administrators, said: "The joint administrators of the Beales … Always something in there that catches my eye and the items are always good quality. Beales has gone into administration (Image: PA). Beales to close 12 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. 5% OFF. Take 5% Discount With Beales Worthing Closing Down Sale For First Order. Virgin lists 25 stores it is closing down across UK putting 110 jobs at risk; Read More Related Articles. What's for dinner? The hardest part of the job was down to the intense heat in the summer as there was no air conditioning and we were based upstairs with no windows. Verified and Tested. Beales has announced 12 store closures following the department store’s collapse into administration earlier this month. Published on: 19/02/2020 06:54 AM Reported by: roving-eye. 20% OFF. 1000 characters limit. It is understood that the safety of 22 stores and a … Department chain Beales is to close 12 of its stores after efforts to sell all 23 failed, according to administrators KPMG. BEALES’ flagship Bournemouth branch is to close along with 11 other branches. Department store chain Beales has collapsed into administration after failing to find a last-minute buyer to … "Over the coming weeks, we will endeavour to continue to operate all stores as a going concern while we assess options for the business, including dealing with prospective interested parties." UK department store chain Beales has announced it will close 12 of its 23 stores following its spiral into administration. Beales department store goes into administration closing 22 branches and putting more than 1,000 jobs at risk. 5% OFF. The second, in November, a further four weeks. Department store chain Beales which appointed KPMG as administrators on Monday, has reopened its website this afternoon with an advert for a closing down sale in branches. Beales in Worthing is to close "As a result, the joint administrators are now in the process of developing plans with store directors and management teams to implement the closure of 12 stores. Home   Kent Business   County news   Article. View the latest coronavirus stats including new cases, rolling rate and case rate compared to average. I used to start work at 10am but when the manager was away I could start at 8am. The Beales department store in Tonbridge is the only one in Kent. The company are good to work for and have many staff who have been with them many years. Add to Bookmarks; Comment. Trying to find the right nursery, school, college, university or training provider in Kent or Medway? I enjoy shopping at Beales in Tonbridge 5. Verified and Tested. Here we pay tribute to those who have died from the virus in Kent. Was this review helpful? You may recall that someone claiming to be the Chief Executive Officer of the department store chain posted a comment below the article on Tonbridge shop closures recently. Now, steps are being taken to close the remaining … Beales to close down after all. The management were helpful if assistance was needed, but they did not over interfere. Read 5 reviews, get contact details, photos, opening times and map directions. Pros. Beales in Worthing is to close, its administrators have confirmed. Report review. Beales in Keighley KEIGHLEY'S Beales store department store is one of a dozen across the UK due to be closed. Now Beales has filed notice of its intention to appoint administrators. Administrators at KPMG said they are continuing discussions with "a … Deal. Beales has stores in the following towns and cities: The company's decision to appoint administrators comes at a difficult time for UK retailers. Now, steps are being taken to close the remaining 11 stores and carry out an associated stock liquidation. Find here the offers, phone number and opening times for Beales store on Angel Lane, Tonbridge. As reported, the future of the department store hands in the balance after administrators were called in on Monday. 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. Video report by ITV News Correspondent Angus Walker. In the year to March 2019, Beale Ltd reported a loss of £3.1m, up from £1.3m for the year earlier as costs swelled and sales dipped. Beales administrators have confirmed that they are preparing to close a number of stores across the UK. Beales said it has no intentions to close its remaining 11 … VideoThe big tech questions for 2021, playWhen Greta Thunberg met Margaret Atwood... on Zoom. The department store has 23 shops up and down the country. Lots of random sales but as long as you know what you’re buying and use common sense about the price, there’s some great bargains and good value. As reported, the future of the department store hands in the balance after administrators were called in on Monday. It added that the remaining stores are expected to trade for around eight weeks while closing down sales take place. .css-14iz86j-BoldText{font-weight:bold;}One of Britain's oldest department stores has collapsed into administration, putting more than 1,000 jobs at risk. This website and its associated newspaper are members of the Independent Press Standards Organisation (IPSO). Cannot recommend as the business closed down in its current form. SHOW DEAL. The NHS faces "unprecedented" pressure as the UK reports record numbers for a second day running. H&M to close 175 stores across Europe 'including in UK' this year Verified and Tested. KEIGHLEY'S Beales store department store is one of a dozen across the UK due to be closed. My co workers were of mixed age ranging from 16 to 58. Share. The group, which has 22 stores nationwide, said such a move was necessary as it "continues to acclimatise to the ever-changing landscape and challenges of the retail market. Read more: For the latest business news for Kent, Read more: For the latest news for Tonbridge. The 139-year-old retailer went into administration last month and soon after announced plans to close 12 of its 23 shops. Department chain Beales is to close 12 of its stores after efforts to sell all 23 failed, according to administrators KPMG. Next lifted its profit forecast after better than expected sales over Christmas trading period. Updated Monday, 10th February 2020, 9:14 am. (Scroll down to view.) Administrators at KPMG said they are continuing discussions with "a number of interested parties" … The Beales department store in Tonbridge is the only one in Kent. beales closed down Maintenance (Former Employee) - east - 24 July 2020 Beales closed down as of March 2020, during my time there I found the place to be neglected and the building in need of urgent repair, I also found the staff and management to be partially poor. Another major department store faces slumping into administration. "It is getting much, much harder to operate a department store profitably," he said. Find Beales in Tonbridge, TN9. Yes No. The staff are really helpful and friendly submit comment. 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Failure to find a late rescue deal could see its stores close and the loss of 1,000 jobs nationwide. Department chain Beales is to close 12 of its stores - including its one in Westgate, Peterborough - after efforts to sell all 23 failed, according to administrators KPMG. SHOW DEAL. Beales is the latest victim of the high street downturn that has forced a wave of closures. Who's buying Dua Lipa, Lady Gaga and 5SOS on tape? Beales has a store at the Angel Centre in Tonbridge Picture: Google. Beales is one of the UK's leading department store chains. Working for Beales was a good experience. The final 11 Beales department stores are set to close marking the end of a business with a history stretching back 140 years. The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk. Video, Bodycam footage shows before and after Nashville bomb, When online meetings didn’t go as planned. poor manaement, working hrs and no job security. Deal. Beales has appointed KPMG as administrators after failing to find a buyer or new investment for the business. VideoWhen online meetings didn’t go as planned, playThe big tech questions for 2021. (Scroll down to view.) Beales has gone into administration (Image: PA). SHOW DEAL. The department store has 22 locations across the country, with its flagship store in Bournemouth. 30% OFF. Beales, which has a string of stores nationwide, including one at Tonbridge's Angel Centre, has warned it could face collapse unless a buyer is found within days. 227 were here. Earlier this month, it was announced that 12 stores were to be closed including shops in Bournemouth, Hexham, Worthing, Tonbridge, Peterborough, Mansfield, Keighley, Perth, Spalding, Wisbech, Bedford and Yeovil. hulldailymail The stores to be closed are located in Bournemouth, Hexham, Worthing, Tonbridge, Peterborough, Mansfield, Keighley, Perth, Spalding, Wisbech, Bedford and Yeovil. Another major department store faces slumping into administration. We offer fast delivery accross all departments and you'll always get great service whether you buy instore or online. However, ‘closing down sale’ signs will appear in stores later this week and Beales’ website has been offline since Monday (20 Jan). A closing-down sale at the crisis-hit Beales flagship store in Bournemouth. wage. But KPMG said: "Despite interest from a number of parties, this process did not secure any solvent solutions for the company, and as a result, the directors took the difficult decision to place the companies into administration.". Beales is an English department store chain, which currently operates one branch in Poole.The former flagship store, Beales in Bournemouth, was established as The Fancy Fair by John Elmes Beale in 1881 and is the biggest department store in Dorset.The chain expanded through acquiring other department stores and continued to run two stores branded as Palmers in Great Yarmouth and Lowestoft until its … Beales announced a closing down sale on its website within days of going into administration, but it was forced to remove any reference to it … Tweet. Beales department stores have gone into administration, putting the future of the 140 year old chain under threat. VideoBodycam footage shows before and after Nashville bomb, How China silenced voices and rewrote Covid history, playWhen online meetings didn’t go as planned. Monday, 10th February 2020, 9:10 am. Video, When online meetings didn’t go as planned, When Greta Thunberg met Margaret Atwood... on Zoom. Beales department store in Perth will be closed down, it has been confirmed. The joint administrators have released a list of store that are due to close, but have said that the St Neots store, based in the High Street will remain open and "continue to operate as usual". .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}Department store Beales warns of collapse risk, Beales boss: 'Councils really don't care', 'Extreme concern' as UK virus cases surge. The Tonbridge reporter at the Courier has been on to me about my TonbridgeBlog post regarding Beales. Efforts to sell all 23 outlets together have failed, the administrators KPMG said. Beales closing all its stores permanently two weeks early The 139-year-old business employed approximately 1,050 people before announcing its first closures. © 2020 BBC. This made for some interesting converstaions and laughs. Coronavirus is devastating families across the country. "It is anticipated that these stores will continue to trade, running closing down sales for around eight weeks. He said added that during this period gift vouchers, customer deposits and customer returns/refunds will continue to be honoured. For more information visit us at www.Beales.co.uk "It has been fighting for survival for quite some time, as have many other department stores," he said. Independent retail analyst Richard Hyman said it was "no surprise" that Beales had collapsed. If I had an early start I helped the cook get the breakfast up an running and also get the till ready for the day, this entailed entering the morning float on the relevant sheet and logging it into the … There will be no immediate closures and Beales stores will continue to trade, although the website is offline. The department store began trading in Bournemouth in 1881 and has 23 shops. Beales, founded in 1881, was a public company for two decades until its shares were delisted in 2015. Read about our approach to external linking. Looking for Beales opening times? Uk retail sales fell for the content of external sites Beales Worthing closing down sales take.... Has 22 locations nationwide, including one in Bedford now, steps are being taken to,... Explore cuisines with tested recipes from the virus in Kent month and soon after announced plans to close, administrators... Discount with Beales Electrical Sale on all Orders 11 stores and carry out associated. 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And soon after announced plans to close 12 of its intention to appoint.! Recipes from the virus in Kent trading in Bournemouth in 1881 a management buy out Beales Worthing closing sales! Since been owned by several different private investors store profitably, '' he.! To 58 latest business news for Kent, read more: for the first time a! Nationwide, including one in Kent around eight weeks while closing down Sale for first Order: 19/02/2020 06:54 reported. In 2015 more Related Articles its shops in a quarter of a century been owned by several different private.. That has forced a wave of closures, steps are being taken to close 12 its! A public company for two decades until its shares were delisted in 2015 here! Business news for Kent, read more Related Articles recommend as the UK reports record numbers for a day! A wave of closures business employed approximately 1,050 people before announcing its first closures 2020, 9:14.! Keighley Keighley 's Beales store on Angel Lane, Tonbridge branches and putting more than 1,000 jobs nationwide Bournemouth! Of the department store ’ s collapse into administration closing 22 branches and putting more than 1,000 jobs.... 19/02/2020 06:54 AM reported by: roving-eye two weeks early the 139-year-old retailer went into administration last month and after!, try new foods and explore cuisines with tested recipes from the British retail Consortium that... Fast delivery accross all departments and you 'll always get great service whether you instore...