Beales has announced 32 redundancies, mostly across its head office, following the department store’s collapse into administration earlier this month.
The redundancies have been made predominantly across back-office support roles in the department store’s Bournemouth head office, which has 76 staff.
The struggling department store appointed KPMG as administrators on 20 January, after failing to find a buyer or new investment for the business. KPMG has promised support to those affected by cuts.
Currently, all stores remain open as KMPG explores a sale with “a number of interested parties”. Staff across the store network have kept their jobs to assist KPMG with trading.
Beales employs a total of 1,052 staff.
The department store began trading in Bournemouth in 1881. Its operating losses grew to £2m in the year to 31 March 2019, from £865,000 the year before. Turnover was £48.3m in 2019, marginally down from £48.7m in 2018.