Another retailer to shut? Republic poised for administration

ANOTHER big name retailer is poised to go into administration.

Republic, the fashion store in Culver Square, Colchester, will pass to administrators Ernst & Young by Wednesday.

The brand employs more than 1,000 people across the UK and around 25 in Colchester.

Its collapse follows the demise of Jessops and Blockbuster earlier this year.

Its owning company have been unable to confirm the reports but said it was reviewing its portfolio.

Comments (12)

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2:47pm Tue 12 Feb 13

Bert_Stimpson says...

Republis. Nice headline typo. S is not even right next to C on keyboard. Republid or Republix seems more likely.

Oh well. Maybe someone had a few at lunchtime.
Republis. Nice headline typo. S is not even right next to C on keyboard. Republid or Republix seems more likely. Oh well. Maybe someone had a few at lunchtime. Bert_Stimpson

2:48pm Tue 12 Feb 13

Bert_Stimpson says...

Wow. Quick correction. Good work cubs.
Wow. Quick correction. Good work cubs. Bert_Stimpson

3:56pm Tue 12 Feb 13

thecapedcrusader69 says...

they don't look too sad about it in the picture....
they don't look too sad about it in the picture.... thecapedcrusader69

4:27pm Tue 12 Feb 13

jammin says...

thecapedcrusader69 wrote:
they don't look too sad about it in the picture....
I think that was from the store opened a few years ago.
[quote][p][bold]thecapedcrusader69[/bold] wrote: they don't look too sad about it in the picture....[/p][/quote]I think that was from the store opened a few years ago. jammin

6:01pm Tue 12 Feb 13

wearebeingwatched says...

Reading other news outlets over the weekend, it appears that the owners will put the company in administration and then buy back from the administrators the profitable stores in a pre-packaged deal.
Reading other news outlets over the weekend, it appears that the owners will put the company in administration and then buy back from the administrators the profitable stores in a pre-packaged deal. wearebeingwatched

9:04pm Tue 12 Feb 13

wellnow says...

Surely some mistake.
Surely some mistake. wellnow

9:42pm Tue 12 Feb 13

tellitasitreallyis says...

Oh no another store to close.
I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran
Oh no another store to close. I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran tellitasitreallyis

12:32am Wed 13 Feb 13

Boris says...

tellitasitreallyis wrote:
Oh no another store to close.
I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran
Can you name a major store chain that is British owned, British run, sells mainly British products, and pays its share of taxes in Britain?
[quote][p][bold]tellitasitreallyis[/bold] wrote: Oh no another store to close. I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran[/p][/quote]Can you name a major store chain that is British owned, British run, sells mainly British products, and pays its share of taxes in Britain? Boris

6:54am Wed 13 Feb 13

Justice79 says...

tellitasitreallyis wrote:
Oh no another store to close.
I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran
Oh look out Kris H has got himself a new id.
[quote][p][bold]tellitasitreallyis[/bold] wrote: Oh no another store to close. I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran[/p][/quote]Oh look out Kris H has got himself a new id. Justice79

9:43am Wed 13 Feb 13

wormshero says...

"Its owning company have been unable to confirm the reports but said it was reviewing its portfolio."

I think this kind of sums up the situation for me, when the owners don't even really have any concern for the store. Not sure about the British ran store comment; how many stores that take up that much space are actually British ran these days? The few that were have their head offices overseas to avoid paying their fair share anyway. A new record shop would be nice (I realise that won't ever happen).
"Its owning company have been unable to confirm the reports but said it was reviewing its portfolio." I think this kind of sums up the situation for me, when the owners don't even really have any concern for the store. Not sure about the British ran store comment; how many stores that take up that much space are actually British ran these days? The few that were have their head offices overseas to avoid paying their fair share anyway. A new record shop would be nice (I realise that won't ever happen). wormshero

10:15am Wed 13 Feb 13

terryg says...

tellitasitreallyis wrote:
Oh no another store to close.
I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran
Republic isn't British owned ... so I can't really see the point you're trying to make.
[quote][p][bold]tellitasitreallyis[/bold] wrote: Oh no another store to close. I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran[/p][/quote]Republic isn't British owned ... so I can't really see the point you're trying to make. terryg

3:50pm Wed 13 Feb 13

Boris says...

Justice79 wrote:
tellitasitreallyis wrote:
Oh no another store to close.
I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran
Oh look out Kris H has got himself a new id.
Yes I had suspected that, but I was trying to flush out his ignorant xenophobia. And terryg has put him in his place. Usually when Kris knows he is beaten, he shuts up. Let's see if he comes back at us on this one.
[quote][p][bold]Justice79[/bold] wrote: [quote][p][bold]tellitasitreallyis[/bold] wrote: Oh no another store to close. I wonder what there will be put there in place. Will it be a nail bar or a foreign restaurant. Think it will be a odds on guess, that what ever it will be. It will not be another store that is British owned and ran[/p][/quote]Oh look out Kris H has got himself a new id.[/p][/quote]Yes I had suspected that, but I was trying to flush out his ignorant xenophobia. And terryg has put him in his place. Usually when Kris knows he is beaten, he shuts up. Let's see if he comes back at us on this one. Boris

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