Deathwatch: Internacionale heading for administration
The chain has 150 stores but is on the brink of a whole heap of trouble thanks to the Current Economic Climate, with top administrator Deloitte on the brink of coming in and raking in a load of coin for itself while smashing up the chain and flogging the best bits.
Also on the Deathwatch radar is Modelzone, which has 50 stores and is turning to Ernst& Young to help make the best out of what is left of it. It follows on from the administration of furniture retailer Dwell, which we’ve never heard of.
TOPICS: High Street News