1,000 jobs at risk as administration looms for retailer
Around 1,000 jobs are at risk after clothing retailer Store Twenty One moved to the brink of administration.
The Solihull-based retailer has struggled for more than a year, when it was forced into a company voluntary arrangement (CVA).
Problems returned earlier this year and it was reported to be in talks with its lenders, State Bank of India, after struggling to meet rent payments.
A winding-up order was presented by HM Revenue and Customs on April 12, according to trade publication Retail Week, and the company has now filed... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
