(news from last week but oculdn't see it discussed anywhere)
The British arm of franchise sandwich chain O'Briens has been placed into administration
The company said most of it's 109 British stores were struggling to pay rents after a huge drop in customers.
The company says it has no plans to place its Irish Division into administration and is confident that things can be turned around at the British stores but added that it was inevitable some stores will close.
The chain is expected to request a renegotiation of rents with landlords which will lead to a number of stores closing
The British arm of franchise sandwich chain O'Briens has been placed into administration
The company said most of it's 109 British stores were struggling to pay rents after a huge drop in customers.
The company says it has no plans to place its Irish Division into administration and is confident that things can be turned around at the British stores but added that it was inevitable some stores will close.
The chain is expected to request a renegotiation of rents with landlords which will lead to a number of stores closing
if it's the one I'm thinking of it won't be a great loss, it's always empty, and in a weird location - away from the main shops and offices.