Bust Patisserie Valerie is closing 75 branches — here's the full list of shops closing
Patisserie Valerie is closing 75 branches and concessions with immediate effect after going bust, administrators KPMG announced on Wednesday.
Patisserie Valerie fell into administration on Tuesday after it failed to reach an agreement with its lenders over funding. The bakery chain discovered a huge accounting hole last October caused by large-scale fraud that left it struggling to survive.
KPMG was appointed administrator of Patisserie Valerie. The professional services giant said on Wednesday that it would immediately close a number of loss-making stores.
27 Patisserie Valerie stores will close, as well as 19 branches of Druckers, another bakery chain owned by the company. 25 Patisserie Valerie concessions in Debenhams, Next, and at motorway services will also shut and the company’s bakery in Spitalfields is closing. The closures, listed in full below, will result in 920 staff losing their jobs.
KPMG said Patisserie Valerie’s remaining 122 shops will continue to trade and administrators are hopeful of finding a buyer for the business.
David Costley-Wood, partner at KPMG and joint administrator, said in a statement: “Since our appointment less than 24 hours ago, we have been pleased with the level of interest we have received in the business, and so remain hopeful of achieving a positive outcome.”
Here’s the full list of Patisserie Valerie closures:
Patisserie Valerie:
Bradford, The Broadway
Brighton, 36 East Street
Bristol, 57 Queens Road
Bury. 26-28 The Haymarket
Chester, 31, Bridge Street
Chippenham, Unit 1b Borough Parade
Cwmbran, 8 The Mall
Derby, 2 Crown Walk
Doncaster, Unit 100, 20 St Sepulchre Gate, Frenchgate Shopping Centre
Glasgow, B12 Glasgow Fort
Glasgow, 18-20 Royal Exchange Square
Gloucester, 4 Southgate Street
Leeds, Unit 2 Ground Floor, 8 St Pauls Street
Liverpool, Unit 1, 35 Whitechapel
London, 37 Brushfield Steet
London, 94 Holland Park Avenue
London, 44 Old Compton Street
London, 24-26 Turnham Green Terrace
London, 27 Kensington Church Street
London, 15 Bedford Street
London, 80 Long Acre
London, 215 Brompton Road
Manchester, 2-4 St Ann Street
Newcastle, 141 Grainger Street
Peterbrough, 2 Cathedral Square
Salisbury, 24 Butchers Row
Southport, 365 Lord Street
Debenhams concessions:
Basildon, The Eastgate Centre
Beverley, Unit 4 Flemingate Centre, Flemingate
Chelmsford, 27 High St
Edinburgh, 109 Princes Street
Glasgow, 97 Argyle Street
Hereford, Auctioneers Walk, The Old Market
Liverpool, 42 Lord Street
London, 10 Garratt Lane, Southside Shopping Centre, Wandsworth
London, Westfield Shopping Centre, Ariel Way
London, 334-348 Oxford Street
Middlesbrough, The Corner, 1 Newport Rd,
Newport, 1-7 Friars Walk Shopping Centre, John Frost Square
Oxford, 1-12 Magdalen Street, OX1 3AA
Redditch, Kingfisher Shopping Centre, 19 Watford Walk
Stevenage, Roaring Meg Retail Park
Telford, Telford Shopping Centre
Wigan, Unit 39 Grand Arcade Shopping Centre, Compton Street
Druckers closures:
Banbury, Unit 28, Castle Quay Shopping Centre Castle Street
Birmingham, Café 1, Upper Mall West
Birmingham, 100 Great Western Arcade
Burton, Centre Mall Café, Cooper Square Shopping Centre
Cheltenham, Unit 28 Regent Arcade
Coventry, 66 Hertford Street
Dudley, Unit L78C Finance Mall Merry Hill Centre
Hanley, Unit 230, The Mall Café The Potteries Shopping Centre
Leamington Spa, Unit 35 Royal Priors
Leeds White Rose, White Rose Shopping Centre South Mall
Leicester, Fosse Park Food Court
Manchester, 169 The Arndale Centre
Nottingham, 218 Victoria Centre
Poole, The Mall Café Dolphin Center
Redditch, 25E Kingfisher Walk
Solihul, 26 Jubilee Walk
Stratford Upon Avon, 43 Henley Street
Tamworth, 51 Ankerside Centre George Street
Wolverhampton, 61 Dudley Street
Next concessions:
Cheltenham, 1A-1B, Gallagher Retail Park, Tewksbury Road
Hounslow, Unit 1 Treaty Centre, 263-265 High Street
Manchester, Unit 1C, Barton Square, Barton Dock Road
Manchester, Unit 22 Manchester Fort Shopping Centre, Cheltenman Hill Rd
Motorway concessions:
Baldock, Unit 3 Extra MSA Baldock, A1(M) Junction 10
Beaconsfield, UNIT 2, M40 Junction 2
Cambridge, A14 (M11) Cambridge, Boxworth
Peterbrough, Great North Road, Haddon