Administrators are preparing to close the remaining 11 Beales stores and liquidate stock after receiving no offers to buy the department store business.
A further 20 members of staff have been made redundant from the Beales head office in Bournemouth.
Joint administrators Will Wright and Steve Absolom said they will continue discussions with a number of interested parties, in the hopes of selling the business as a going concern.
Stores will trade for around eight weeks until the closing down sales are completed.
The struggling department store collapsed into administration at the end of last month.