Maplin sells a unique and extensive range of electronics products for enthusiasts across categories such as smart living, security and CCTV, audio and vision, computing and gaming, home and office, batteries and cables, and hobbyist.
It has been relaunched as an online operation under Digital-First Retail from June 2018 after the original business, which included more than 200 stores across the UK and the Republic of Ireland, fell into administration at the beginning of that year.
The retailer says: “At Maplin we believe passionately in a world where connecting people with brilliant technology enriches lives. We exist to bring those ideas to you, even if you’re not an expert. From voice-controlled light bulbs, to esports and Raspberry Pi, we’ve got you covered.”
Maplin’s creditors will receive just a fraction of the cash they are owed following the electricals specialist’s collapse into administration.
The Labour Party has unveiled proposals to reinvigorate high streets which have suffered as result of high business costs and the rise of online retail.
Employment in the retail industry dropped sharply in the second quarter of this year as upheaval in the industry continued.
Retailers are some of the most efficient and effective organisations in existence today.
The roll call of failed or struggling retailers is growing: Toys R Us, Maplin, Poundworld, Carpetright, Mothercare, House of Fraser.
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