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Last Updated: Monday, 21 March, 2005, 18:48 GMT
Debenhams buys 8 Allders stores
Allders' Oxford Street store
Allders' high profile Oxford Street store was due to close for business
Eight shops in the South formerly owned by the collapsed department store Allders have been bought by Debenhams.

The sites are among 24 which corporate recovery specialist Kroll have sold to BHS and Primark as well as Debenhams.

Thirteen branches, which closed at the weekend or were due to shut on Monday, include the chain's store in London's Oxford Street.

Allders went into administration in January after its owners failed to find a buyer.

A spokesman for Kroll said: "It is disappointing that a solution could not be found which would have safeguarded the jobs of Allders' employees at these stores.

"Unfortunately we received limited interest from buyers to continue these stores."

An estimated 1,000 staff at the sold sites will help administrators for a few days before being made redundant.

Debenhams - which has acquired Allders branches in Portsmouth, Slough, Basildon, Ilford, Sutton, Woking, Chatham and Clapham - said the shops would open for business by 1 April.

The other Allders stores that have closed in the past three days are: Southampton, Horsham, Reading, Crawley, Lakeside, Sutton Coldfield, Sheffield, Nottingham, Bolton, Romford, Chineham and Ipswich.




SEE ALSO:
Department store's final farewell
20 Mar 05 |  Nottinghamshire
City's store closure is confirmed
18 Feb 05 |  Nottinghamshire
Shop chains snap up Allders sites
14 Feb 05 |  Business
Allders receives 36 takeover bids
04 Feb 05 |  Business


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