Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.59 - Retail sale of furniture, lighting equipment and other household articles in specialised stores

325 - 335 jobs
Number of planned job losses
Job loss
Announcement Date
1 March 2019
Employment effect (start)
1 March 2019
Foreseen end date

Description

Retailer BetterBathrooms has entered administration with the result that 325 employees have been made redundant with immediate effect. A further ten employees will be kept on, in the short term, to assist with the wind down of the company. The chain operated across 13 showrooms and two trade sites. A spokesperson for the administrator confirmed that affected staff would need to claim via the Redundancy Payments Service. The administrator also appealed for any buyers of the chain or its assets to come forward. 


Sources

Citation

Eurofound (2019), BetterBathrooms, Bankruptcy in United Kingdom, factsheet number 97376, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97376.