Source: Channel Eye

Maplin: Maplin shuts for good

High street retailer Maplin has finally shut its doorsThe outfit went into administration in February following a failure to secure a sale for the troubled business.PwC, the administrator appointed for the electronics giant, blamed Maplin's troubles on the post-Brexit slump in the pound which led to a higher price being paid for US goods, the withdrawal of credit insurance and the current challenging climate for high street retailers. more»

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