Beales, which began trading in Bournemouth in 1881 is now set to close all of its stores, after the struggling retailer failed in its attempt to find a buyer for the business. Administrators KPMG announced at the time that the chain’s 23 stores would continue to trade and that there would be no immediate redundancies, though the department store’s website went offline. Soon after, KPMG announced 12 of the chain’s 23 stores would close.
‘We’d like to thank all Beales employees for their wholehearted support and assistance during the administration process. We understand that the failure to achieve a sale so far will come as disappointing news, but can assure them that we will continue in our efforts to secure some form of a positive outcome.’ – Will Wright said in a statement
