Peacocks
Peacocks the clothing retailer became insolvent in 2012 after Administrators KPMG declared the company bankrupt. The company went into administration after the discount fashion chain, bought in a management buyout from the founding Peacock family in the mid 1990s, was struggling to refinance its £240m debts. It was bought by the Edinburgh Woollen Mill Group in 2012.
- Administrators: KPMG
- Year Founded: 1884
- Total Number of Employees: 9,600
- Total Number of Jobs Lost: 1,650
- Number of Retail Shops: 660
- Managing Director/CEO: Phillip Day
…2019: To date Peacocks has 400 locations in various parts of the company and has plans to open new stores in Mumbles, Wales, Tewkesbury, the Isle of Wight, and Norwich.