Department store chain Beales is to close 12 of its shops in a bid to sell the rest. Efforts to sell all 23 outlets together have failed, the administrators KPMG said. The dozen being closed will trade for a few weeks to sell remaining stock, and staff will keep their jobs until then. The department store began trading in 1881 in Bournemouth, which is one of the stores that will close, the administrators confirmed. Beales had tried to secure rent reductions with landlords and was in negotiations with potential investors and buyers. “There is currently no intention to implement closure … Continue reading Beales to close more than half of its stores – Southport Safe For Now!