| Peacocks administrators KPMG 'look for buyer' for clothing chain |
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Administrators for Peacocks say they are looking for a buyer for the clothing retailer.
A total of 249 staff, almost half the head office workforce in Cardiff, were made redundant on Thursday. It has also been announced that vouchers for the store are no longer being accepted to pay for goods. KPMG confirmed it would retain the remaining 266 employees at the Cardiff office and continue to run Peacocks' stores as it seeks a buyer. The administrators said they were using all their contacts in the retail industry to try to find a buyer for the firm, which employs 9,000. |
