// Beales announces first round of cuts to jobs as administrators continue to try and save the business
// Redundancies are mainly back-office support roles in Bournemouth HQ, which has 76 staff
// Beales went into administration on January 20, placing more than a 1000 jobs at risk
Beales’ administration has led to the first round of job cuts since the department store collapsed last week, affecting 32 staff members working in the head office.
The staff affected are predominantly in back-office support roles in Beales headquarters in Bournemouth, which employs 76.
It comes after the department store chain fell into administration last week when it failed to secure a sale to a new owner.
READ MORE:
- Beales’ ex-owner & biggest landlord blames collapse on tax system
- Beales: What went wrong?
- Beales paying £1m more in business rates than it should be
The administration places more than 1000 jobs at risk, plus hundreds of others in concessions.
It is understood that Beales’ 22 stores will continue to operate as per usual, with no immediate closures confirmed although the retailer’s website was taken down shorty after KPMG were appointed as administrators.
KPMG also said it would promise to support to those affected by cuts.
The administrators are continuing to explore a sale to salvage the department store chain, with “a number of interested parties” reportedly expressing interest.
Click here to sign up to Retail Gazette’s free daily email newsletter
