Thursday 22 March 2018 4:28 pm

Maplin job losses continue as administrators fail to find a buyer

Maplin's administrators have announced further job losses this morning after failing to find a buyer for the business.

The retail chain, which employs more than 2,000 people, was put into administration at the end of February. PwC has been handling the process, and today said a further 66 redundancies had been made at Maplin's head offices in London and Rotherham.

Read more: Maplin posts first redundancies as administrators fail to find a buyer

PwC made 63 head office staff redundant earlier this month.

The administrators are still seeking to secure a buyer for the business and are currently running clearance sales in Maplin's stores. None of Maplin's 217 UK stores have closed yet.

Toby Underwood, joint administrator and PwC partner, said: “It is with real regret that we have made this decision.

"We are grateful for the support of the employees during this difficult period and we will make every effort to help the affected staff, working with the Maplin HR team over the coming days.”

 

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