Weston store enters administration

PUBLISHED: 11:00 12 July 2012

The market will now return to the High Street twice later this year

The market will now return to the High Street twice later this year

Archant

ANOTHER Weston store faces an uncertain future after its parent company went into administration.

Julian Graves, which has a branch in the Sovereign Shopping Centre, has been placed into administration.

Administrators Deloitte say Julian Graves Ltd will continue to trade as normal and there are no plans for redundancies.

A spokesman for Deloitte LLP said: “The first priority of the joint administrators is to assess the financial position of the company and consider the options available.

“It is the joint administrators’ intention, therefore, to continue to trade the business whilst these options are explored.”

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