Friday 1 July 2011

TJ Hughes In Administration

TJS

Another UK company has just gone in to administration leaving around 4,000 people at risk of losing their jobs.

Founded by Thomas Hughes in 1912, just like the failed Woolworths chain - TJ Hughes is just 1 year away from celebrating its 100th year in retailing.

No doubt in the next few weeks there will lots of bargains to have as the Administrators are likely to try an liquidate as much stock as possible in the shortest amount of time.

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