The future of the former Lord Street store – Broadbents and Boothroyds – now Beales, has become uncertain as the company has now approached the administration firm KPMG to assist with an overhaul of the business. The company, which completed a management buyout in 2018, is seeking to assess its “strategic and financing options” in order to move towards a more “sustainable business model”. It is unclear if this will include a full or partial sale of its company and subsidiaries. Sales at Beales have remained steady, however its 2018/2019 pre-tax losses have doubled and it now has a net … Continue reading With Debenhams Going – Is Beales Next ?