Beales collapses into administration

Beales may fall into administration

Department store Beales has fallen into administration today after a crunch meeting about the future of the business failed to prevent collapse.

The meeting this morning opened the door to the appointment of KPMG as administrator, Sky News reported.

The administration of 140-year-old Beales puts around 1,300 full-time roles in jeopardy, as well as the future of 22 stores.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.