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Bathstore calls in administrators putting 500 jobs at risk

UK chain Bathstore has called in administrators putting the future of more than 500 staff at risk.
The bathroom specialist will stay open while administrator BDO tries to find a buyer for the 135-strong chain.
The decision comes "after several months of difficult trading, and the failure of ongoing talks to find a buyer for the business," BDO said.
The chain is owned by American billionaire Warren Stephens since he backed a management buyout in 2014.
Outstanding customer orders will be fulfilled if stock is available, but all installation services have ceased immediately.
Affected customers can find information on the company's website.
"Despite significant investment into the business over the past five years, Bathstore has struggled to overcome the well-documented challenges facing the UK retail sector," BDO partner Ryan Grant said.
The company employs 531 people across its 135 stores and head office.
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