Jobs risk at troubled retail chain

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NOVELTY shop chain Hawkin’s Bazaar has collapsed into administration.

The company, which has a branch in Meadowhall shopping centre, and its parent firm Tobar Group has experienced ‘exceptionally-challenging’ trading conditions.

More than 400 full-time staff at the chain’s 120 shops are at risk.

Zolfo Cooper has been appointed administrator.

A Zolfo spokesman said: “The directors have worked very hard to turn the business around but have concluded that administration is the best route forward.”

Peter Saville, of Zolfo, said: “The group has experienced exceptionally challenging conditions.

“We will be working to ensure the best outcomes regarding preservation of jobs, value of the business and returns to creditors.”

The news follows an announcement that fashion chain D2 Jeans has gone into administration.

D2’s store at Crystal Peaks shopping centre is among a number staying open to be sold as a going concern.

Meanwhile, lingerie chain La Senza, which has a shop in Meadowhall, is calling in administrators, while outdoor specialist Blacks, which has stores in High Street, Sheffield, and Meadowhall, is also expected to enter administration in the coming days.

Nationally, more than 160 retailers employing 140,765 staff across 16,750 shops have ‘failed’ since 2007.