Allders news and archive

Allders of Croydon to close after 150 years

One of London’s biggest department store’s historic Allders of Croydon has announced that it is likely to close its doors for the last time on September 22. The 150-year-old store, which is part-owned by Harold Tillman, fell into administration in June and the closure will likely result in the loss of hundreds of jobs after failing to find a...

Design

Allders of Croydon goes into administration

One of London’s biggest department store’s historic Allders of Croydon has announced that it has gone into administration, putting more than 300 jobs at risk. The department store, which is part-owned by Harold Tillman, has appointment Duff & Phelps as administrators to the 500,000 sq ft store after a week of crisis talks failed to save the...

Fashion

Allders may be back in business

Allders, the department store chain that collapsed in January, is stepping up its revival under entrepreneur Harold Tillman by resurrecting the upmarket furniture brand Waring & Gillow. Tillman, who bought the Allders name and its flagship store in Croydon last May, has struck a deal to sell the furniture through catalogue giant Littlewoods and...

Fashion

Job losses likely at Allders

More job losses are in store for troubled retailer Allders.The administrator of the department group is understood to have confirmed the closure of four more branches to employees of the collapsed retailer. The Allders stores at Basingstoke, Camberley, Watford, and Southampton are to close after administrator Kroll was unable to find buyers. The...

Fashion

Allders Announces Store Closure

The administrator of department store group Allders has announced the first store closure from the collapsed store chain. Administrator Kroll said the Allders store in Nottingham would close on March 24. A further 149 jobs will be lost, bringing the total redundancies across the chain to more than 900. The Allders Nottingham store anchors the...

Fashion

Allders Bids In Place

The Allders department store chain is to be broken up, administrator Kroll has confirmed. Kroll, which set a final deadline of last Friday for bids for all or part of the 45 store chain, confirmed that "whilst we had hoped to secure a going concern sale for the entire business this has not been possible." Firm bids are in place for 35 stores,...

Fashion

Allders owed following administration

Jacques Vert faces a potential loss of £740,000 following the decision to put department store chain Allders into administration. The clothing retailer and wholesaler, operates 85 concessions in Allders outlets, from a total of 943 outlets, across womenswear brands including Jacques Vert, Windsmoor, Planet and Precis, menswear brand Melka, and...

Fashion

Allders For Sale

Property company Minerva is selling its stake in Scarlett Retail, the holding company for the Allders department store chain. Minerva said that, along with Scarlett's other main shareholder Lehman Brothers, it has "initiated a process for the sale" of the business. A statement said that "expressions of interest have been received from the...

Fashion

Allders Placed For Faster Recovery

The strategy to restore the performance of department store group Allders has "reached deeper and taken longer" than expected, hitting the full year performance of owner Minerva. The property company, which backed the takeover of Allders by Scarlett Retail last year, has reported a loss of GBP21.4m for the year to the end of June, despite a...