Major UK Fashion Retailer Quiz Enters Administration, Launches Full Clearance Sale
A significant fashion chain in the United Kingdom has officially collapsed into administration, resulting in a comprehensive clearance sale being initiated across all of its retail locations. Quiz, which operates a network of 40 stores throughout the UK, went bust earlier this month, prompting immediate action from appointed administrators.
Administrators Announce Store Operations and Urgent Buyer Search
Joint administrators from Interpath have released a new update confirming that all 40 Quiz stores will remain open for the time being. They have announced the commencement of additional clearance discounts on all remaining stock in an effort to liquidate assets. Geoff Jacobs, fellow joint administrator and managing director at Interpath, emphasized the urgency of the situation, stating, "Any parties with an interest in acquiring the stock, store operations and infrastructure of Quiz should contact us as a matter of urgency."
The administrators are actively seeking potential buyers to take over the business's stock, store operations, and infrastructure. They have urged interested parties to reach out as soon as possible to explore acquisition opportunities. This move aims to salvage some value from the collapsed retailer while providing a chance for continuity in operations.
Customer Refunds and Employee Support Measures
In a blow to consumers, shoppers who have made returns online but have not yet received their money will unfortunately not receive a refund directly from Quiz. The administrators have advised affected customers to contact the provider of the credit or debit card used for the payment to seek assistance with chargebacks or disputes.
Regarding the workforce impacted by the collapse, Geoff Jacobs added, "We are ensuring that those employees impacted by redundancy are provided with all available support at this difficult time." This includes guidance on redundancy processes and access to support services to help staff navigate the challenging transition.
Complete List of Quiz Stores and Concessions Affected
All Quiz stores and concessions included in the insolvency process are listed below, spanning across Scotland, England, Wales, and Ireland. The clearance sale applies to every location, offering discounts on remaining inventory as the chain winds down operations.
- Scotland: Aberdeen (Bon Accord Shopping Centre), Clydebank (Clyde Shopping Centre), Dunfermline (Kingsgate Shopping Centre), Glasgow (Braehead Shopping Centre, Buchanan Galleries, Glasgow Fort Shopping Centre, St Enoch Centre), Inverness (Eastgate Shopping Centre), Irvine (Rivergate Shopping Centre), Livingston (The Centre Livingston), Stirling (The Thistles Shopping Centre)
- England: Basingstoke (Festival Place), Bracknell (The Lexicon), Carlisle (The Lanes Shopping Centre), Castleford (Junction 32 Outlet Village), Derby (Derbion), Eastbourne (The Beacon), Gateshead (Metrocentre), Hanley (The Potteries Centre), Hull (St Stephen’s Shopping Centre), Leeds (White Rose Shopping Centre), Leicester (Highcross Leicester), Manchester (Manchester Arndale, The Trafford Centre), Mansfield (Four Seasons Shopping Centre), Merryhill (Merry Hill Centre), Northampton (Grosvenor Shopping), Norwich (Chantry Place), Portsmouth (Cascades Shopping Centre), Romford (The Liberty Shopping Centre), Sheffield (Meadowhall), Telford (Telford Centre), Thurrock (Lakeside Shopping Centre), Warrington (Golden Square Shopping Centre), Watford (Atria Watford)
- Wales: Cardiff (St David’s Dewi Sant)
- Ireland: Belfast (CastleCourt Shopping Centre), Craigavon (Rushmere Shopping Centre), Newry (Buttercrane Shopping Centre), Newtownabbey (Abbey Centre), Carlow (Shaws Concession), Drogheda (Shaws Concession), Galway (Anthony Ryans Concession), Kilkenny (Good Of Kilkenny Concession), Letterkenny (Menarys Concession), Sligo (Mullaney Brothers Concession), Wexford (Shaws Concession)
The collapse of Quiz marks a significant development in the UK retail sector, highlighting ongoing challenges faced by fashion chains in a competitive market. Shoppers are advised to take advantage of the clearance sales while stocks last, as the future of these stores remains uncertain pending potential buyer interest.
