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Future unclear for Spalding department store




The future is unclear for a popular Spalding department store after its owners are reported to have called in the administrators.

The BBC is reporting that the Beales has appointed KPMG as the administrators.

In the last financial year, the department store is reported to have made a £3.1million loss.

Beales store Spalding (26823303)
Beales store Spalding (26823303)

Last week, Marks and Spencers announced that it is proposing to close its M&S Foodhall in Spalding while Bonmarche also has a closing down signs in its windows.

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