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07 May 2010
Administrators from MCR have been called in at department store business Vergo Retail.
Sarah Bell and Steven Muncaster, partners at MCR are appointed joint administrators, and confirmed the company will continue to trade as normal while its position is reviewed and a buyer sought.
“Unfortunately the company has endured periods of financial loss. It has made efforts following the recently announced closure of the Lewis’s store in Liverpool, to seek new finance to restructure the business but has been unsuccessful in finding a going concern solution. Like many retailers, it has experienced a difficult trading environment during the economic downturn,” said Bell.
Vergo was established in 2007 and is based in Liverpool with a staff base of 942. It operates approximately 19 department stores including Lewis's in Liverpool, Robbs in Hexam and Derrys in Plymouth.
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Visitor comments Add your comment
I would like to know if I will receive my sofa
I ordered a Sofa from the Felixstowe store on February the 1st and feel that they should have known that this may happen by that point and took my 50 per cent deposit when they should have known things were starting to go wrong. I am in my 60's and receive only state pension and i saved hard for this and paid unfortunately in cash. is there any chance that i will receive the Lucy sofa. - i really want it!!! if not is there any chance I will get my deposit back. Please please please
Posted by: Janet Hendery, 29 May 2010 | 00:00
Vergo retail/Derrys
My sister aged 70 and partially sighted paid nearly £1000 deposit to Vergo just a month or so ago when they took her order for two sofas etc.
Since these recent developements with Vergo she has received a claim pack which she duly completed and returned as appropriate. Unfortunately no other information has been forthcoming leaving her in limbo and sitting on her thumb. I visited Derrys on June 4th and was told by staff that no deliveries were now being made and effectively all orders were cancelled . Obviously the staff could not comment on the subject of deposits other then to refer to the Administrators so join the queue. At least we now know that the van won,t be coming with her sofa so we can make other arrangements. Will she see her money back ????? I have tried in vain to get definitive information about the administrative situation, why can,t they just issue a basic factsheet to people so we can assess our position. What a ------
Posted by: T.LANGDON, 09 Jun 2010 | 00:00
Vergo Retail, and MCR
I suppose it won't make any difference, but I would like to add that I submitted an 'Outstanding Orders Form' to MCR, together with a copy of the receipt I had from Homemaker Exmouth. I had paid in full for my order, £979.98. I just want my money back. That was almost a year ago, and so far I haven't even received an acknowledgement from MCR.
I hope they read these messages from the victims of receivership, and get their paperwork admin sorted, let-alone selling assets, brand names, etc.
Posted by: brian kocziban, 27 Jun 2011 | 14:44