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Four More Retail Chains go into Administration


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Old 25-06-2013, 17:22
bob_evans
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Dwell, the furniture retailer, has confirmed the appointment of Duff & Phelps as administrator, while Internacionale, ModelZone and Ark have filed a notice to appoint administrators.
About 2,000 staff are employed by the four companies.
Internacionale, which has almost 150 stores, has lined up Ernst & Young as administrator, while ModelZone is to appoint Deloitte.
Ark, whose parent company is called Rett Retail Limited, is a fashion retailer primarily based in the north of England.
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Old 25-06-2013, 17:24
captainkremmen
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OK.

The only one I have heard of is Internacionale.
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Old 25-06-2013, 17:26
trevgo
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Only one I'd heard of is Dwell. I recall their first shop in Islington on Pentonville Rd. Trendy stuff that looked good from a distance until you looked more closely and saw that it was over priced tat. Expanded ridiculously quickly too. There's one (or rather, was) in Westfield, E20. Never saw a soul in there.
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Old 25-06-2013, 17:28
Crimsonmon
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Look like I visited Modelzone last week just in time then. I only went about twice a year so I don't feel like it's such a big loss, actually they never stocked half of what I need most of the time so I'd have to get them online anyway afterwards.
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Old 25-06-2013, 17:38
Bethaneeny
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I've heard of them all apart from Dwell.

Ark sell very overpriced clothes, I think I saw a pair of tights for about 10 in there!
Internationale isn't bad, I've only bought 2 things from there, ever, though.
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Old 25-06-2013, 17:55
DariaM
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Dwell, the furniture retailer, has confirmed the appointment of Duff & Phelps as administrator, while Internacionale, ModelZone and Ark have filed a notice to appoint administrators.
About 2,000 staff are employed by the four companies.
Internacionale, which has almost 150 stores, has lined up Ernst & Young as administrator, while ModelZone is to appoint Deloitte.
Ark, whose parent company is called Rett Retail Limited, is a fashion retailer primarily based in the north of England.
Sorry to learn of their demise... however, perhaps if the companies had more inspirational management, and had extended their reach via an innovative marketing strategy, they may each have stimulated additional commercial interest, and would not now be going into administration.

Wonder if the Managers and Owners will each blame for Banks for their own incompetence and idiocy,
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Old 25-06-2013, 18:02
Alan1981
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I'll miss model zone if it goes under. That said I only buy 2 or 3 things a year from there tops. It's a 35 mile track to Plymouth, so its usually cheaper and less hassle to order what I ant online.
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Old 25-06-2013, 18:26
Dwight Wright
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retail attrition is part of life, how many new shops opened in the same period?
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Old 25-06-2013, 19:16
occy
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I've heard of Model Zone.
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Old 25-06-2013, 19:20
cjsmummy
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Only know of Internationale really. Quite surprised, I thought they did quite well.
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Old 25-06-2013, 19:38
Lyricalis
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Not heard of any of them. Did they advertise or provide an internet shopping option? Can't expect to survive in the 21st century if you act as if it's still the 20th.
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Old 25-06-2013, 19:40
solarflare
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I'm not surprised about ModelZone, it's full of stuff that you go "that's kind of cool, in a geeky way, but I'd never pay for it, especially at those prices".
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Old 25-06-2013, 19:42
Creamtea
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Only heard of Dwell and Modelzone. As someone else said, Dwell stuff was generally terrible.
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Old 25-06-2013, 19:43
CM
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Dwell, the furniture retailer, has confirmed the appointment of Duff & Phelps as administrator, while Internacionale, ModelZone and Ark have filed a notice to appoint administrators.
About 2,000 staff are employed by the four companies.
Internacionale, which has almost 150 stores, has lined up Ernst & Young as administrator, while ModelZone is to appoint Deloitte.
Ark, whose parent company is called Rett Retail Limited, is a fashion retailer primarily based in the north of England.
I never heard or use any of them.
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Old 25-06-2013, 20:13
Joey Boswell
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I never heard or use any of them.
Me neither
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Old 25-06-2013, 20:29
EStaffs90
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The only one I've heard of is Modelzone - but that's because I go past it on my way to work.
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Old 25-06-2013, 21:06
francie
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Not heard of any
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Old 25-06-2013, 21:32
Lazlo_St_Pierre
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I never heard or use any of them.
Internacionale sounds like a Brazilian football team.

ModelZone sounds like a fashion TV channel. Or possibly a porn one.

Dwell and Ark sound like they should be somewhere near the bottom of the bill at Glastonbury, watched by 30 students who think they're 'amazing'.
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Old 25-06-2013, 22:07
sarahj1986
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Internacionale is the only one I've heard of. Cheap tat, we used to have one, walked in, walked back out straight away, seen better stuff sold on the market
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Old 25-06-2013, 22:12
Kapellmeister
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OK.

The only one I have heard of is Internacionale.
One more than I have.
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Old 25-06-2013, 22:16
1Mickey
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Never heard of them but i'm sure we'll see plenty more I have heard of before Osborne swallows his pride.
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Old 12-07-2013, 19:16
linkinpark875
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http://www.retail-week.com/sectors/f...051051.article

Saved but some closures.
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Old 12-07-2013, 19:33
ecckles
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Just a sign of the times, many more groups will go before the year is out. The only expansion of late is the food banks.
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Old 12-07-2013, 19:42
CravenHaven
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I'm not surprised about ModelZone, it's full of stuff that you go "that's kind of cool, in a geeky way, but I'd never pay for it, especially at those prices".
At the price they were asking for Tiger tanks, I'd expect Hitler to throw in a vegetable plot in the Ukraine.
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Old 12-07-2013, 21:02
Crimsonmon
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Is there a list? That article wants me to pay to read it.
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