Barratts announces 1,610 redundancies

Barratts Priceless stores are facing closure and administration.Barratts announces 1,610 redundanciesThe administrator of troubled shoe chain Barratts Priceless has said it has made 1,610 employees redundant.

The job losses are at the retailer’s concessions within other stores in the UK and the Republic of Ireland.

Administrators Deloitte said selling the concession part of the business will “not be achieved”.

However they are still trying to find a buyer for Barratt’s 173 high street stores, which remain open.

18 store closures have already been announced.

Deloitte said it is working with the concession holders, which include department stores, to see if the former employees could be re-employed in other parts of their businesses.

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January 16, 2012 · Home Based Jobs · Comments Closed
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