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Confirmed – Beales buys Robbs of Hexham

Graham Soult June 04, 2010 Department Stores, Property 3 Comments

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Robbs of Hexham store. Photograph by Graham Soult

Robbs of Hexham store

Just announced this morning – independent department store operator Beales has acquired Robbs of Hexham from MCR, the administrator of Vergo Retail, for £250,000.

Sarah Bell, Partner of MCR, officially announced the news:

“Following an effective administration process, we are delighted to confirm the sale of such an iconic store in … Continue Reading

Beales pursues Robbs takeover, while The Range owner eyes other stores

Graham Soult May 31, 2010 Department Stores, Property 7 Comments

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Closing down sale at Robbs in Hexham (30 May 2010). Photograph by Graham Soult

Closing down sale at Robbs in Hexham (30 May 2010)

As the uncertainty over the future of the Vergo Retail store empire continues, potential suitors for some of the stores are starting to emerge. Here are the latest happenings…

In Liverpool’s Ranelagh Street, Lewis’s department store … Continue Reading

Beales “lodges formal notice of interest” in buying Robbs

Graham Soult May 21, 2010 Department Stores, Independent Stores, Property 1 Comment

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Beales logo

Beales logo

It seems like it’s not just me who thinks that Beales taking over Robbs would be a good idea, with today’s Hexham Courant reporting that the Bournemouth-based department store operator “has lodged formal notice of interest in the store with administrators MCR”. 

The article adds that “representatives of Beales were looking round the property yesterday”. Meanwhile, MCR has reportedly asked the owners of the … Continue Reading

Could Beales – or someone else – yet save Robbs?

Graham Soult May 18, 2010 Department Stores, Independent Stores, Property 3 Comments

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Robbs of Hexham. Photograph by Graham Soult

Robbs of Hexham

If you read the Hexham Courant, you’ll have seen the extensive coverage in Friday’s paper of Robbs’ impending closure, following the announcement, by the administrators MCR, that the department store will close within four weeks. The Courant devoting three pages to the story is hardly surprising given Robbs’ status as the largest and most prominent store in Hexham town centre – … Continue Reading

Robbs and Joplings owner Vergo Retail in administration

Graham Soult May 11, 2010 Department Stores 9 Comments

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The iconic Joplings store in Sunderland. Photograph by Graham Soult

The iconic Joplings store in Sunderland

Department and home store retailer Vergo Retail has gone into administration, placing a question mark over the future of the 19-store business – including the iconic Robbs department store in Hexham and Joplings in Sunderland.   

Sarah Bell and Steven Muncaster, partners at MCR, have been appointed joint administrators, with the stores set to trade as normal while the … Continue Reading