Bathstore will continue to trade from its 135 stores in the UK, all of which are at risk of closure, while in administration. The business has appointed BDO to attempt to find a buyer. Ryan Grant, BDO business restructuring partner, said: “Despite significant investment into the business over the past five years, Bathstore has struggled to overcome the well-documented challenges facing the UK retail sector. The appointment was made after several months of difficult trading, and the failure of ongoing talks to find a buyer for the business.
Bathstore is continuing to trade in administration whilst the administrators seek a buyer.”
It was reported last week how Bathstore, which employs 531 people, was on the verge of appointing administrator…
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