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.
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Political and economic uncertainty behind the fall in confidence
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens