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Wales Online
Wales Online
Business
Anna Lewis

The astonishing list of businesses that have shut up shop, gone bust or entered administration over the past 12 months

It's not been a great 12 months for a number of high street businesses that have shut up shop.

With the coronavirus pandemic forcing businesses across the country to close, the virus has added strain to businesses already struggling.

High street staple Debenhams is the latest to join the list, after officially confirming administrators have been called in. It employs around 22,000 staff and has 10 stores in Wales.

But while the coronavirus pandemic is adding strain to the businesses struggling to stay afloat, there are others that were forced to let staff go long before the outbreak even begun.

This is the list of businesses that have either closed, gone bust or entered administration over the last 12 months:

Debenhams

Debenhams has 10 stores in Wales, including one in Cardiff (WalesOnline/Rob Browne)

On Thursday, April 9, Debenhams confirmed it formally entered administration.

Debenhams' 142 UK stores remain closed in line with government guidance and the company said it would work to "re-open and trade as many stores as possible" when restrictions were lifted.

The firm has appointed administrators from the FRP Advisory to oversee the process, after announcing it had filed a notice of intent to appoint administrators on Monday.

There are 10 Debenhams stores in Wales: Cardiff, Newport, Merthyr Tydfil, Swansea, Llanelli, Carmarthen, Haverfordwest, Wrexham, Llandudno and Bangor.

Brighthouse

There are more than 2,400 jobs at risk at BrightHouse (PA)

More than 2,400 jobs are currently at risk after rent-to-own company BrightHouse entered administration on Monday, just days after it closed all its stores due to the coronavirus outbreak.

The firm originally announced plans to close 30 stores to make savings in the company last month, but had to close all stores because of the Covid-19 crisis.

The business will still look after customers' appliances until their contracts run out. But there will be no new rent-to-own sales, and experts said that customers who are claiming compensation from the company might have to wait for longer than usual.

Beales

Beales is one of the oldest department store companies (cambridge news)

In January, one of Britain's oldest department store collapsed into administration, throwing more than 1,000 jobs into doubt.

Beales has 23 shops after it first began in Bournemouth in 1881.

Its owners said it had failed to secure reductions in rent with its landlords.

Carphone warehouse

Carphone Warehouse is closing all its standalone stores (Perthshire Advertiser)

Earlier this month, Carphone Warehouse announced it was closing all 531 of its standalone stores on April 3, causing 2,900 redundancies.

Owner Dixons Carphone said they will instead focus on selling mobile devices and connectivity through its shop-in-shops in 305 big Currys PCWorld stores and online.

Carluccios

Carluccio's is the latest business to enter administration (PA)

Carluccio's has now collapsed into administration, casting a shadow over the future of its 71 UK restaurants and 2,000 employees.

The dining chain, which was founded by Antonio Carluccio in 1991, confirmed the news on Monday.

It said its directors made the decision "after a sustained period of challenging trading conditions, which have been exacerbated by Covid-19 and the broader issues currently facing the UK's retail and hospitality sector".

The administrators said they also plan to furlough the majority of the company's 2,000 employees whilst they assess all available options. It comes after staff from the chain saw their wages for the past month slashed in half as part of cost-cutting measures, PA reported.

Flybe

Flybe planes are all grounded (PA)

On March 5 all Flybe flights were grounded as the company entered administration.

More than 50% of the scheduled flights from Cardiff Airport last year were operated by Flybe, according to data from industry body Cirium.

On Monday, administrators for the airline denied it was in discussions with the government about the possibility of nationalising the company after it was suggested in the Telegraph.

These were the key moments that led to Flybe's collapse:

The key moments that led to Flybe’s collapse

Hawkin's Bazaar

Hawkin's Bazaar had a bad Christmas, its owners said (handout)

In January gift and toy company Hawkin's Bazaar collapsed into administration, putting 177 jobs at risk.

The company, based in Norwich, said it had suffered a "challenging Christmas period" and had not been able to compete with online shopping.

Jamie's Italian

Jamie's Italian Restaurant in the Hayes was one of many to shut (Richard Williams/WalesOnline)

It seems like a world away but it was only in May 2019 that Jamie Oliver's 22 restaurants shut for good.

Across the chain more than 1,000 jobs were lost and the Daily Mail revealed that much of the £80 million owed by the company will probably never be paid back to creditors.

Laura Ashley

Laura Ashley has been an important part of Welsh history (Copyright Unknown)

Fashion company Laura Ashley became one of the first business to attribute coronavirus to one of its reasons for entering administration.

It said the business had been "doing well" up to March 13, but that Covid-19 had a "immediate impact on trading".

A total of 721 employers are set to lose their jobs with the closure of 70 stores.

You can read the full-story of the world-famous Welsh fashion designer here.

Mothercare

Mothercare, Culverhouse Cross on its last day of trading (Wales Online)

Back in November 2019, Mothercare announced the closure of all of its 79 stores across the UK, putting 2,800 jobs at risk.

The company's UK branch made an operational loss of £39million for the year ending March 2019 and administrators were appointed.

On Monday it said 430 of its employers had been working in Boots but have now been given furlough.

Plans to make franchise Mothercare products in Boots have also been put on hold and now expect to be completed by late summer.

You can see the huge queues that were outside Mothercare in Swansea after their last sale

Huge queues outside Mothercare in Swansea as they launch 'everything must go' sale

Thomas Cook

Thomas Cook CEO Peter Fankhauser apologises for collapse as holidaymakers left stranded

In what was one of the biggest stories of the year, Thomas Cook left thousands of UK holidaymakers stranded abroad in September 2019 when the company went into liquidation.

It meant all of their tour operators and airlines ceased trading after the announcement was made.

According to the insolvency service, £585 million was owed to customers for package holidays, flights and other services after the firm went bust.

It wasn't all bad news through as Hays Travel later took on 2,300 former Thomas Cook staff members after taking over the leases of all 554 of its shops. The majority of these workers have now been furloughed due to the Covid-19 pandemic.

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