Closing times when nearest shop is open and closed on weekdays, weekends, holidays, late ⦠Dorset Chamber continues to support over 160 businesses signing up for the Kickstart scheme, Chamber Networking Events bringing real results to Dorset Firms, What Does 2020 Hold for the Dorset Property Market. The Beales department store on Lord Street, Southport, formerly Broadbents. Find opening hours to Beales near me. Beales was founded in 1881 on the site of its current Bournemouth store by John Elmes Beale. It is thought stores will continue trading for around two months while closing down sales take place, with staff being retained. Beales, which has three locations in Cambridgeshire, could be going into administration. “There is currently no intention to implement closure plans for the remaining 11 stores, which will all continue to operate as usual until an outcome with regards to a sale of the business is clarified,” said KPMG. However, with no deliverable offers received for the business to date, it is with regret that the administrators announce that they are commencing preparations for the closure of the remaining 11 stores and associated stock liquidation. Beales was founded in 1881 on the site of its current Bournemouth store by John Elmes Beale. The administrators said stores earmarked for closure would continue to trade, with closing-down sales for about eight weeks. Beales has gone into administration (Image: PA). Beales has 22 stores and around 1,300 staff across the country. image caption Beales' Bournemouth flagship store is among those to close But the stores have been racking up losses, with the firm reporting a ⦠Registered in England. 30 comments Opening Hours. In addition, a further 20 members of staff have been made redundant from the Beales head office in Bournemouth. Beales closing all its stores permanently two weeks early The 139-year-old business employed approximately 1,050 people before announcing its first closures. hulldailymail Beales began trading in Bournemouth in 1881, but has now fallen victim to the UK’s dying high streets. We offer fast delivery accross all departments and you'll always get great service whether you buy instore or online. Address. "It is anticipated that these stores will continue to trade, running closing down sales for around eight weeks. It is understood that Beales had wanted to secure rent reductions with landlords and was in negotiations with potential investors before KPMG were appointed. In addition, a further 20 members of staff have been made redundant from the Beales head office in Bournemouth. The 139-year-old business, which began trading in Bournemouth in 1881, collapsed into administration in January after it was unable to secure a last-minute buyer. "However, with no deliverable offers received for the business to date, it is with regret that the administrators announce that they are commencing preparations for the closure of the remaining 11 stores and associated stock liquidation. ‘Closing Down’ signs have been removed from the windows of Beales stores following a complaint from two Scottish politicians. Beales Bournemouth . A message that appeared on its website this morning (Wednesday, January 22) has said the company is closing down and that "everything must go". The units on the list include Bealesâ flagship store in Bournemouth. The closure of Debenhams would deal a major blow to the town centre, which has already lost a huge department store this year with the demise of Beales in March. All rights reserved. Department store chain Beales starts festive financing talks. The department store has 22 locations across the country, with its flagship store in Bournemouth. KPMG, who were brought in ⦠There will be no immediate closures and Beales stores will continue to trade, although the website is offline. They would âcontinue to operate as usual until an outcome with regards to a sale of the business is clarifiedâ, the administrators said. Based in Sunny Poole on the south coast of England, Beales Department Store has some of the lowest prices in the UK. KPMG said there were no plans to close the remaining 11 stores. The name has been synonymous with Bournemouth since 1881, but the administrators KPMG who were brought in to save the department store chain on 20th January this year, have confirmed the Bournemouth store is one of 12 to close. In addition, a further 20 members of staff have been made redundant from the Beales head office in Bournemouth. The stricken department store chain Beales is to close more than half its shops in the latest blow to the UKâs struggling high streets. Dorset Chamber is accredited by the British Chambers of Commerce and provides a unique network with a local and nationally recognised voice. 226 were here. “The face of retail is undoubtedly changing as we see different types of experiential businesses emerge and grow, such as tattooists, barbers and coffee shops. Staff would be retained to help with trading over the coming weeks, KPMG said. ‘Closing Down – Everything Must Go’ signs were plastered across the stricken department store chain’s 22 stores – including one in Kendal – along with its website shortly after it was announced the company had been put into administration. It has been confirmed today that the Bedford branch of Beales will close within eight weeks, despite the joint administrators saying that they are still in discussions with interested parties regarding the sale of the remaining stores. // Beales fell into administration on January 20 Beales is set to close its remaining 11 stores, after no âdeliverable offersâ have been received. Bournemouth-based department store chain Beales has confirmed it is looking for a buyer, just a week before Christmas, as the sector continues to struggle amid tough trading conditions. As a result, it was drafting a closure plan for a dozen stores, which would affect about 500 staff. However, in December the business put itself up for sale, warning it faced âexceptionally challenging timesâ. Company Registration No. Beales closures: Full list of shops at risk as department store enters administration Beales department stores have gone into administration, putting the future of the 140 year old chain under threat. Beales, which has three locations in Cambridgeshire, could be going into administration. The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk. Other stores confirmed for closure include the brand’s flagship property in Bournemouth. Beales is the latest victim of the high street downturn that has forced a wave of closures. Beales was opened by John Elmes Beale under the name Fancy Fair and Oriental House, selling products and novelties that reflected the growing enthusiasm for Chinese and Japanese design. This includes Bealesâ flagship store and many other significant locations. Based in Sunny Poole on the south coast of England, Beales Department Store has some of the lowest prices in the UK. Does playing games damage computers and laptops? Beales to close its final stores after sliding into administration. The name has been synonymous with Bournemouth since 1881, but the administrators KPMG who were brought in to save the department store chain on 20th January this year, have confirmed the Bournemouth store is one of 12 to close. Beales announced a closing down sale on its website within days of going into administration, but it was forced to remove any reference to it ⦠We offer fast delivery accross all departments and you'll always get great service whether you buy instore or online. It expanded to 23 department stores, from the Lake District to Norfolk and the home counties, selling furniture, fashion, toys and cosmetics. “The sluggish economy, falling town centre footfall, out of town shopping and issues surrounding town centre antisocial behaviour, homelessness and begging problems have all also had a part to play. © 2020 Guardian News & Media Limited or its affiliated companies. Speaking about the overall state of the high street, Dorset Chamber chief executive Ian Girling said: “For some time now the high street has been hit by a perfect storm of changing consumer tastes and habits, the rise of online shopping and longstanding problems with business rates. The company, which began trading in Bournemouth in 1881, has about 1,300 employees. It added that the remaining stores are expected to trade for around eight weeks while closing down sales take place. KPMG also said a further 20 members of staff have been made redundant from the Beales head office in Bournemouth. Established in 1949, our aim is to focus entirely on our members, delivering first class services to help businesses grow and prosper and leading business in Dorset. Fifth Floor Restaurant at Beales: Never again - See 93 traveller reviews, 10 candid photos, and great deals for Bournemouth, UK, at Tripadvisor. In ⦠non-members. For more on the crisis on the high street, see here: www.dorsetchamber.co.uk/crisis-on-the-high-street/, For more information on Dorset Chamber visit www.dorsetchamber.co.uk, Some training opportunities are open to The high street is going through huge change.”. Opening Hours for Beales in Bournemouth Dorset. The department store has 22 locations across the country, with its flagship store in Bournemouth. Beales department stores have gone into administration, putting the future of the 140 year old chain under threat. In the 1980s Nigel Beale, grandson of the company’s founder, led the company. Beales in Worthing is to close "As a result, the joint administrators are now in the process of developing plans with store directors and management teams to implement the closure of 12 stores. Two of the 23 Beales stores – in Hexham and Great Yarmouth – have already closed. A further 20 members of staff at Bealesâ Bournemouth head office have been made redundant. Beales is one of the UK's leading department store chains. Available for everyone, funded by readers. [19] On 18 February it was announced that, although negotiations with a number of parties were continuing, the remaining 11 stores would close within the following 8 weeks selling their remaining stock. Dorset Chamber, with more than 700 members representing 37,000 employees, has offered support to Beales through the British Chambers of Commerce, which has been campaigning on business rates at a national level. BH1 1LJ. Last modified on Fri 7 Feb 2020 13.55 EST. The administrators said stores earmarked for closure would continue to trade, with closing ⦠36 Old Christchurch Road. - ⦠Stricken chain to permanently shut a dozen stores with potential loss of 500 jobs, Fri 7 Feb 2020 13.30 EST KPMG, the advisory firm handling the administration, said it was in active discussions with interested parties but there was no buyer for the whole chain. A statement from the joint administrators, KPMG, said, “It is anticipated that these stores will continue to trade, running closing down sales for around eight weeks. The closure comes after the department store chain reported losses of £3.1m for its last financial year despite the efforts of the focused management team to turn round the 23 high street stores across the UK. The first Beales store opened in Old Christchurch Road in Bournemouth, Dorset in 1881 2016: Beales won creditorsâ backing for a CVA, enabling it to ⦠At the time of entering administration, Beales had 23 stores and employed in excess of 1,000 people whose jobs are at risk. 00503870, www.dorsetchamber.co.uk/crisis-on-the-high-street/, New UVMATIC Plus Mobile Air Purifier Kills Covid-19. Beales employs about 1,000 people. It is thought stores will continue trading for around two months while closing down sales take place, with staff being retained. The units on the list include Bealesâ flagship store in Bournemouth. Location. Beales claims to be the first department store in the world to feature a live Father Christmas character, dating back to 1885. Beales began trading in Bournemouth in 1881 but is now at risk of going bust Administrators at KPMG said they are continuing discussions with "a number of interested parties" over a sale. Beales, which began trading in Bournemouth in 1881, has appointed KPMG's Will Wright & Steve Absolom as joint administrators. 30 comments âClosing Downâ signs have been removed from the windows of Beales stores following a complaint from two Scottish politicians. Two of the 23 Beales stores â in Hexham and Great Yarmouth â have already closed. The former Westgate department store, Lowestoft. Mr Girling is set to write to Chancellor Sajid Javid and Dorset MPs but is also drafting in support from the British Chambers of Commerce (BCC). However, with no deliverable offers received for the business to date, it is with regret that the administrators announce that they are commencing preparations for the closure of the remaining 11 stores and associated stock liquidation. Beales stores are continuing to trade, although âClosing down saleâ signs will appear later this week. Copyright All Rights Reserved © 2020 – Dorset Chamber of Commerce and Industry. Frank Beale trained at Macy’s in New York before returning to lead the company. The 139-year-old retailer went into administration last month and soon after announced plans to close 12 of its 23 shops. On 7 February 2020, it was announced that Beales was closing … The first Beales store opened in Old Christchurch Road in Bournemouth, Dorset in 1881 2016: Beales won creditors’ backing for a CVA, enabling it to negotiate rent cuts and close unprofitable stores. On 7 February 2020, it was announced that Beales was closing 12 stores, due to failure to sell the chain as a whole. The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk. On the same date, the beales.co.uk customer-facing website also went offline. The original store was bombed in the second world war but rebuilt on the same site on Old Christchurch Road, Bournemouth. However the high street needs greater support if it is to survive. Its rivals Debenhams and House of Fraser have undergone an emergency financial restructuring, while in recent weeks Mothercare and the toy chain Hawkins Bazaar have closed their UK stores. Beales was established by John Elmes Beale when he opened a store, initially known as a Fancy Fair and Oriental House, on Old Christchurch Road in Bournemouth, Dorset. Bournemouth. The Bournemouth-based retailer collapsed into administration last month, and on Friday it was announced that 12 of its 23 stores would close. The 138 year-old Bournemouth-based company is working with KPMG to explore refinancing options, Sky News learns. A company limited by guarantee. Sunday, 16th February 2020, 6:00 am Exteriors of Beales store, Westgate which is holding a closing down sale The store, which opened in Park Road, Westgate, nine years ago, will ⦠Beales department store goes into administration closing 22 branches and putting more than 1,000 jobs at risk. It has 22 stores which face closure with the potential loss of 1,000 jobs. “Many retailers have displayed great resilience, innovation and entrepreneurialism to adapt and keep the high street alive. Beales began trading in Bournemouth in 1881 but is now at risk of going bust Telephone. The company was run by the Beale family during the 20th century; Bennett Beale took over from his father, then by his John’s grandson Frank. In the 1990s, the chain floated on the stock exchange before returning to private ownership. Beales department store goes into administration closing 22 branches and putting more than 1,000 jobs at risk. Beales is to close its Wisbech store after efforts to sell all 23 outlets failed, according to administrators KPMG. Tel: 01202 552 022. The chain has 22 stores in the UK, all of which will continue to trade as usual, and all staff will be retained while KPMG assesses what options are available for the business. 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