BusinessBusiness RecoveryOxford street Allders to be subdivided

Oxford street Allders to be subdivided

Allders' administrators are to sub-divide the department store's flagship Oxford Street among four retailers, including Dixons and PC World.

Link: Ten Allders stores set to close

The Times reported that administrators from Kroll had failed to find a suitable buyer and that the site would revert back to landlords Redevco, who are expected to step in at the end of the month when the Allders ceases trading.

Redevco has already received planning permission to split up the 100,000 sq ft into three or four separate units and redo the shop fronts.

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