Jobs could be lost at the Bradley Stoke branch of Peacocks after the national retailer confirmed it had entered administration after failing to secure its debts.
A spokesperson for administrators KPMG has told the BBC that there will “inevitably” be redundancies and store closures across the group.
The company’s Chief Executive Richard Kirk said:
“This is a hugely sad development for all of our stakeholders, especially our employees who have shown total commitment to the business over an uncertain and difficult period.”
The Peacocks store at the Willow Brook Centre opened on 3rd June 2010 and it is believed that around 15 people are employed there.
Staff at the store said on Tuesday that they had been instructed not to talk to the media.
Read more: Clothing firm’s staff braced for job losses (BBC)
Related link: Jobs in Bradley Stoke (The Journal)
What a shame if we lose our store. They are brilliant for clothing ages. Hubby loves their slippers. There have been too many jobs lost already. Good luck and fingers crossed for the staff.
will be gutted if this shop closes as buy alot in there.
“Consumers with gift cards for fashion retailer Peacocks can no longer use them as the company has gone into administration.”
“What’s more, not only can you no longer use gift cards, but refunds on returns will no longer be given, even on faulty items.”
Read more: Blow to Peacocks shoppers as gift cards no longer accepted (MonetSavingExpert.com)
I went in to the store last Saturday but was unable to redeem my gift voucher – seems very unfair when the store have already had the money, but I have no goods to show for it. Was told by the sales assistant that the company had until Friday this week to find a buyer, but that some stores would have to close anyway. She did not hold out much hope for the BS store as the lease expires in March. Considering how long it took the WBC marketing department to fill all the units first time around, it makes you wonder how long this one will now remain empty.