Deathwatch: Peacocks heading for administration

15 January 2012

retail deathwatch Poor old Peacocks could be about to have its metaphorical tail feathers hacked off, with administration looming after equity and holders decided they’ve had enough of all the nonsense.

The retailer has almost 700 stores in the UK with almost 9,000 employees, but poor sales and trading losses have seen things go horribly wrong of late. Peacocks also own the Bon Marche chain of clothes stores, but this is expected to be sold early this week, in a separate deal.

Meanwhile, in some better news, it is believed that 84 Barratts and Priceless shops have been saved by former Chief Executive Michael Ziff, saving as many as 1,100 jobs. Sadly, a similar number of shops have not been saved and are expected to close immediately.

TOPICS:   High Street News


  • Sicknote
    In Malta they have branded Peacocks as Peacocks Of London - pissed my knickers when I saw that. Reminded me of Trotter Independent Traders Of Peckham.....
  • Cheesey
    Mrs Cheesey says that Peacocks have had an appalling range of fashions lately and that they've been totally Primarnied.
  • Alexis
    This is where pensioners shop right?
  • Dick
    Peacocks have small penises.

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