Beales to close more than half of its stores

Beales to close more than half of its stores

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Department store chain Beales is to close 12 of its shops in a bid to sell the rest.

Efforts to sell all 23 together have failed, administrators KPMG said.

The dozen being closed will trade for a few weeks to sell remaining stock, and staff will keep their jobs until then.

Beales had tried to secure rent reductions with landlords and was in negotiations with potential…

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