Normally Chapter 11 allows a company to reorganise so it continues michaels in store promo code to survive.
Epic also owns Whittards, the tea company, which is doing OK and is not affected by Past Times' problems.
Around allheart coupon code 2012 free shipping 20 secondary shopping centres are already on the market.
Dick Smith, Australia's largest electronics retailer, went into volountary administration in January only two years after listing on Australia's stock exchange.
56 staff are still working at the company, whose future looks unpromising.Failures in 2017 Palmer and Harvey, the major wholesaler of 12,000 food, alcohol and tobacco products, went into administration in November, making more than one-half of its employees immediately redundant.Abbeycrest, the manufacturer and distributor of jewellery, went into administration in February although its Brown and Newirth subsidiary survived through a previous MBO.After the administration of Game UK (now Game Digital) in 2012 the Swedish operation was bought by Nordic Games.The chain was originally set up in 2007 to run the Lewis's, Robbs and Joplings department stores (sold by Owen Owen).There are more than 750 employees.The group, owned by Tengelmann, has 395 outlets suffering from lower-priced competitors and heavy debts.It went bust previously in 2008.The company itself did not go bust but it had been an unsuccessful operation based on 20 stores across the North and the north Midlands.
The leases on many of the stores will revert to Morrisons.
Sports Direct was a major shareholder: it allegedly changed the locks on the head office whilst the owner was away from the building.
This will cause the loss of 350 jobs.Although the business continues to trade, seven of its stores have closed already.The administrators have failed to sell.The next stage is probably the sale of subsidiaries, although a new bidder may still emerge.All Gino Casuals and NV stores, two Northern Ireland fashion chains (menswear and womenswear respectively closed 15 stores (costing 150 jobs) after the parent company (Nath Bros Partnership) went into liquidation.Interio, a luxury furniture retailer and interior designer set up 20 years ago, went into administration in late March.Comet, Britain's second-largest electrical buy mens dress shoes online canada retailer, went into administration in November and the last stores closed in w/c It was established in 1933 and had grown to 243 stores and 6,500 employees.There were 68 stores, mainly loss making, many of which had been bought from Thirstquench in 2009.The company made a 10 mn loss in 2010 on sales of.