Allders: and then there were three

March 2005
Cabinet Maker;3/25/2005, Issue 5431, p4
Trade Publication
The article reports that just three of the 20 unsold Allders PLC stores will still be open by the end of this week--Croydon, Camberley and Leeds--and 17 will be handed back to the landlords. Since selling 24 of the 45 branches to BhS, Debenhams and Primark, administrator Dieter Knoll has sold just one more to Wickes which has bought the Southampton outlet. John Coleman, House of Fraser PLC chief executive said it had been deterred by the cost of buying any of the stores. Kroll said it had only received limited interest from potential buyers despite more than 60 approaches in February.


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