Administrator appointed at Republic
ADMINISTRATOR Ernst & Young has been called in at clothing chain Republic.
The retailer, which has a store in the Potteries Shopping Centre, operates 121 shops across the UK and employs about 2,500 people.
Its headquarters is in Leeds.
Joint administrator Hunter Kelly said: "Republic suffered poor trading results in the autumn, and while sales picked up in December there has been a sudden and rapid decline in sales in late January."
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3 Comments
by adpadp
Wednesday, February 13 2013, 6:53PM
“Two shopping centres in Hanley is not viable. There will be more casualties to administration to come...”
by Robnoxious
Wednesday, February 13 2013, 6:06PM
“Soon to be The Republic of Hanley. Under administration. Just like Lloyds Bank and the rest of them. Taxpayer will foot the bill. How perverse is that.”
by Backdoored
Wednesday, February 13 2013, 4:14PM
“Remember... what I said about the fast dwindling High St Stores -in relation to a 'buzzing thriving City Centre' that Pervez is obsessed with -thinking it's the answer to all his and our problems...
The world is fast going 'Online' to shop. Cheaper, and more convenient -I'M AFRAID. The 'High St' as we know it is in rapid revolutionary decline -
If Pervez defeats the "23rd-ers" and gets his 'un-mandated', undemocratic way, there'll be a shiny new £50 million 'City Centre Civic Block'... surrounded by Accountancy and Solicitors Offices, a Benefits Office, Tax Office, and charity shops (will they ever go online?)... Oh, and the Pigpen (-which should be relocated next door to the Benefits' Office).
When are the improperly optimistic Pervez and van De Larschott going to have a photo-shoot opportunity -posing by a large Road Sign in Stoke Rd Shelton -and both pointing up to the the words, (with arrows), saying "NORTH AND CITY CENTRE and CIVIC OFFICES".
And what a cold, desolate 'faceless' place it's going to be when visitors arrive there. I know lots of people in the Potteries who hate going to Hanley as it is -and a shiny new bus station and shiny new civic office block is not going to alter that.
Stoke people like to stay in Stoke; Tunstall people like to stay in Tunstall; Fenton people like to stay in Fenton; Burslem people like to stay in Burslem; Neckenders prefer staying in Longton.
Whenever theY ''need'' to go to Hanley -(the city centre) -they do so with a heavy heart. Depressing. Get in, do what it was that took you there, Get out -AND GET BACK TO THE TOWN YOU LOVE TO BE IN -and feel at home in. That's Potteries People. City Centres are anonymous and faceless placeS -period.”