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Old 16-01-2013, 19:31
Ethel_Fred
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Join Date: Aug 2008
Posts: 26,855
I am surprised they lasted this long. A dinosaur of a business model which failed to adapt to modern living.
Apparently a part of their business was still profitable - and they have cash in the bank. They've chosen administration as it's a cheaper way of restructuring (ie closing shops) than doing it any other way.
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