Archive for the ‘ Retail ’ Category

12 Months of Administration

When the mass sing-a-long of the 12 Days of Christmas is just around the corner, yet another retailer and their merry band of elves faces the misery of going into administration.

Borders UK is the latest in a long list of casualties over the past 12 months as it enters administration this week.

Over the last year the high street has lost some household names, retail parks are becoming a white elephant, shop units sit empty, and some of the nation’s favourite, most well-loved ‘institutions’ have been lost to that cancerous word; ‘administration’.

Having discovered the news about Borders on Retail Week, I started digging around to see who else had faced the chop over the last 365 days.

No less than 30 retailers made my (by no means exhaustive or comprehensive) list of those that we’ve loved and lost.

It’s worrying to think what may come over the next 12 months. A few companies have come close to the brink this year and may find themselves the wrong side of the administration tight-rope this time next year. The likes of JJB and Blacks’s days may be numbered.

Have a browse and rekindle memories of pic’n’mix in Woolies, bargain hunting in Zavvi, getting trollied on cheap plonk from Wine Cellar, and being left bedless, cupboardless, and sofaless from the likes of MFI and Land of Leather.

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