It has just been announced that Peacocks has been saved. The last bidder had dropped out but the administrators managed to get Edinburg Woollen Mills to rebid.
Although Peacocks have been saved there will be very substantial job losses with about 3200 of the 6000 remaining jobs being axed
It is expected that the Peacocks Head Office & Warehouse will close together with a substantial number of the branches, There are no further details at present”
224 Stores to close. The HO and Warehouse at least in the short term are to remain. I think they just need ime to aborb it into their existing functions. In a cut thoat business it makes no sense to duplicate HO office and supply chain functions.”
by BobEvans2011
Wednesday, February 22 2012, 3:33PM
“UPATE
224 Stores to close. The HO and Warehouse at least in the short term are to remain. I think they just need ime to aborb it into their existing functions. In a cut thoat business it makes no sense to duplicate HO office and supply chain functions.”