Store Twenty One
| Industry | Fashion |
|---|---|
| Founded | London, England (1932) |
| Headquarters | Solihull, West Midlands |
Number of locations | less than 200 |
Area served | United Kingdom |
| Products | Clothing |
| Website | www.storetwentyone.co.uk |
Store Twenty One is a discount clothing and homeware retailer in the United Kingdom.
History
Store Twenty One was created by Grabal Alok, the Indian-owned textile manufacturer that bought parts of the QS Stores (formerly Quality Seconds) and Bewise chains that went into administration in 2006.
Currently, the business has just under 200 stores nationwide and its head office is based in Solihull, West Midlands.[1]
The business sells a selection of fashion and homeware at discounted prices. In July 2016 it was reported that Store Twenty One was facing financial difficulties and that some stores were closing down, as it faced going into administration in August if no agreement in reducing rents was agreed. It's since been proposed, and agreed that CVA action be taken. A total of 77 stores will be shuttered over the coming months.[2]
References
- ↑ "Store Twenty One - About Us". Retrieved 8 May 2015.
- ↑ "Store Twenty One expected to shut nearly 80 stores as CVA approved". Retrieved 20 July 2016.