Department store Beales collapses into administration
Image copyright Beales
One of Britain’s oldest department stores has collapsed into administration, putting more than 1,000 jobs at risk.
Beales has appointed KPMG as administrators after failing to secure a sale.
The department store began trading in Bournemouth in 1881 and has 22 shops.
It is understood that there will be no immediate closures and Beales stores will continue to trade.
In the…