All Beales articles
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News
Closure looms for Beales stores as no buyer emerges
The remainder of Beales department stores are likely to shut after the retailer’s administrator said it had received no “deliverable offers” for the business.
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News
Beales collapses into administration
Department store Beales has fallen into administration today after a crunch meeting about the future of the business failed to prevent collapse.
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News
Beales on brink of collapse after disappointing Christmas
The heritage department store has reportedly filed notice of intention to appoint administrators as it scrambles to secure a buyer.
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Cartoon
Retail cartoon: BHS back from the dead
Patrick Blower’s spooky take on BHS being revived as a concession in Beales department stores.
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News
BHS to return to British high streets as Beales concession
BHS is set to return to UK high streets as a concession in regional department store group Beales.
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Data
Data: Which retailers stand to gain from HoF's CVA?
House of Fraser’s decision to shut 31 of its 59 UK stores will have an impact on high streets up and down the UK.
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Video
Watch: George Davies on launching his own brand
George Davies launched his latest brand in Beales this week. Retail Week was there to hear about his ambitions for it.
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Analysis
Five ways retailers can profit from excess space
John Lewis is considering how it can make the best use of unused space in its stores, and ideas include introducing co-working or serviced office areas. Here we highlight other potential solutions to the challenge of excess space.
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Opinion
Opinion: How can modern department stores thrive?
Independent department stores have been part of Britain’s retail landscape for generations, but now face more challenges than ever to not just survive, but thrive.
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News
Update: Beales department store to shut a third of branches following CVA
Beales will shut a third of it stores in cost-saving measures, after completing its CVA (Company Voluntary Arrangement).
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Opinion
Opinion: Why the reliance on department stores as centre anchors is waning
It’s been a turbulent year for UK retail, with some of the country’s longest-standing department stores coming under intense pressure.
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Analysis
Analysis: Will UK department stores follow Macy’s lead and shut stores?
Macy’s decision to shutter 100 of its shops across the US created shockwaves last week, despite its recent poor financial performance.
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News
Beales back from the brink as creditors vote through CVA
Department store group Beales can push ahead with a CVA after creditors today unanimously voted through the measure.
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Opinion
Opinion: Mixed track record of CVAs puts BHS and Beales on a knife-edge
CVAs can be a effective option for embattled retailers, but history is littered with examples where it was an ill-suited approach to pursue.
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News
Beales could shutter stores as it launches CVA to slash rents
Beales is seeking rent reductions on around a third of its stores after claiming some shops have been “hampered by expensive legacy leases.”
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Analysis
In the news: Beales buyer and property tycoon Andrew Perloff profiled
“I don’t need a press office,” says Andrew Perloff when Retail Week’s call is put straight through to him after it emerged that he’d made an offer to buy Beales.
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News
Beales board agrees to cash offer from property tycoon Andrew Perloff
Beales has agreed to a recommended cash offer from English Rose, a vehicle controlled by outspoken property investor Andrew Perloff.
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News
Beales sales fall following store closures
Beales sales slipped in the 19 weeks to September 13 as it closed loss-making stores in the period but it said trading had improved on the first half.
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News
Beales accused of 'setting record for foolishness' by shareholder Panther
Department store Beales has angered its largest shareholder Panther Securities by removing the property firm’s representative from its board.
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News
99p Stores scraps property restructure plans
99p Stores has dropped its plans for a property restructure on selected stores as new chief operating officer Tony Brown today begins work to “enhance” store performance across the estate.