Page last updated at 18:13 GMT, Tuesday, 11 May 2010 19:13 UK

Robbs of Hexham and Joplings in Sunderland to close

Joplings Sunderland
Joplings in Sunderland was founded in 1804

Two historic North East department stores are to close after their owner went into administration.

Robbs of Hexham and Joplings in Sunderland had been sold to Vergo Retail in 2007.

Administrators MCR said Vergo Retail had gone into administration, meaning nine stores across England would close.

It said the stores would shut in four weeks with a loss of 335 jobs in total, although it could not rule out the possibility that they may be sold.

The other stores are in Clacton-on-Sea, Colchester, Dovercourt and Witham in Essex, Stowmarket, in Suffolk, Plymouth and Norwich.

Sarah Bell, partner at MCR, said: "Following a financial review of the business it was apparent it could not continue to trade in the short term without implementing immediate cost saving measures."

"There is an opportunity for interested parties to come forward and rescue the remaining business as a going concern."



Print Sponsor


SEE ALSO
Historic stores handed lifeline
18 May 07 |  England
Buyer hope for North East stores
16 May 07 |  England
Fire alarm signals time on Robbs
04 May 07 |  Business
Deadline set to save famous store
02 May 07 |  Merseyside
Historic shops sold in 5m deal
19 Jan 05 |  England

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites


FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific