It said that 461 shop employees across all its stores had been made redundant in order to ‘remove overstaffing’.
A further 209 workers have been made redundant at the company’s Croydon headquarters in south London and from its logistics operations.
Allders continues to employ about 5,000 employees with an additional 4,300 working at in-store concessions.
Kroll said it was at an ‘advanced stage with bidders with regard to 34 stores and all 45 stores remain open’. It added that it had also agreed to make payments to the pension scheme of £58,000 a month until June this year.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies