Liquidation in 2011
2011 turned out to be a tougher year than hoped as the Credit Crunch of 2008 kept on biting amid
fears of double dip recession and rising problems across the board including: record unemployment
levels, crippling low consumer confidence...
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Liquidation in 2011
2011 turned out to be a tougher year than hoped as the Credit Crunch of 2008 kept on biting amid
fears of double dip recession and rising problems across the board including: record unemployment
levels, crippling low consumer confidence and corporate liquidation figures that trumped those of a
year before.
Notably almost every industry saw increased levels of liquidation including many of
the high street retailers we know and love.
Here’s five familiar names that got into trouble this year.
Habitat – The trendy furniture shop that was the final word in tasteful décor, from the 60’s through
to the 00’s, finally died a death as all but three of it stores entered administration as part of a deal to
sell the indebted chain.
The chain that began life as a humble furniture shop on the Fulham Road
owed its early success a range of cheap pasta jars that they stocked just as Britain fell in love with
the Italian carbohydrate.
It soon kicked on and had stores internation
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