TJ Hughes to call in administrators - Licensing.biz

TJ Hughes to call in administrators

Turnaround investor Endless considering pre-pack deal for discount department store, say reports.
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TJ Hughes is getting set to appoint administrators this morning, according to the latest internet reports.

TJ Hughes was founded in Liverpool in 1912 and has 57 stores across the UK, employing a total of 4,000 staff. In March, the group was bought out by its management team, Endless, following reports that it had been hit by the withdrawal of credit insurance due to a difficult trading period.

To read the full story on ToyNews Online, click here.

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