UPDATE: Major clothes stores in Weston enter administration
PUBLISHED: 12:00 17 January 2012 | UPDATED: 13:49 19 January 2012
TWO major clothing retailers with branches in Weston town centre have now entered administration.
The Peacock Group filed an intention to enter administration earlier this week, putting both Peacocks and Bonmarché stores, owned by the same group, under threat.
Bonmarché, in the Sovereign Shopping Centre, and Peacocks in Regent Street are currently still trading but the group has now formally entered administration.
The news comes after shoe store Clarks announced it will close on Thursday, with Priceless Shoes already shut - making 15 people made redundant between them.
Past Times, a retro gift retailer, has also entered administration and the future of its branch in the Sovereign Centre is uncertain.
For the full story on Weston’s troubled retailers, pick up a copy of today’s Mercury.