Latest News Headlines
On-Air Now
Listen Live
Facebook

Peacocks jobs under threat

Thu, 19 Jan 2012


Jobs may be under threat at the two Peacocks stores in Douglas after the company went into administration.

However, it's still hoped a buyer can be found for the Welsh-based chain after an agreement couldn't be reached with lenders over the restructuring of a reported £240m worth of debts.

As well as the shops in the Strand Shopping Centre and at the Victoria Road Shoprite, the group also owns Bonmarche in Strand Street.

Over 30 staff are employed here.

The shops are open for business as usual although shoppers are told at the counter that they can't bring back unwanted goods because of the company being in the hands of administrators.

 

 


Bookmark and Share

 

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed