Published on 28 - June - 2010
Clock ticking for remaining Vergo storesFive further stores closed their doors at the weekend, with four outlets still holding out for a buyer.
Some of the outlets will continue to trade to clear stock in closing down sales.
A spokesperson for administrators MCR today confirmed that department stores in Norwich and Colchester, and three of Vergo's Homemakers outlets in Cothill, Exmouth and Launceston ceased trading on Saturday, June 26.
Four remaining stores continue to trade, including department store Derry's of Plymouth - which The Range owner Chris Dawson is reported to have expressed an interest in. However, while Mr Dawson has registered interest in more than one of the remaining Vergo Retail stores, he has not confirmed, which he is bidding on.
MCR's spokesperson explained that the four stores would continue trading for about a week, either to sell off remaining stock or while negotiations with interested parties continue.
Vergo Retail Ltd, which operated 20 shops, including nine department stores, four Homemaker outlets, six Vergo at home stores and a jewellery store, called in administrators MCR on May 7.
By Saturday, June 19, nine stores had already closed their doors resulting in 482 redundancies. However, the latest closures will have seen further job losses. One outlet, Robbs of Hexham, was bought by JE Beale this month.
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