Increase in retailers falling into administration


Every silver lining has a cloud; compared to 2011, the
number of retailers failing into administration increased by 6 percent in 2012.
According to research by Deloitte, 194 retailers called in the administrators
in 2012, compared with 183 in 2011 and 165 in 2010. Further, while Christmas
trading “appears to have been reasonable”, it won’t be enough to prevent
insolvencies in the first quarter of 2013, note the researchers.

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