Uncertainty was hanging over 500 jobs today after retailer Northern Electric went into administration.
Administrators KPMG have been appointed to Northern’s holding company, Shop Electric Group, and its two subsidiaries, Northern Retail ““ which trades as Northern Electric ““ and warranty support company B2C Support Services.
Northern Retail runs 25 UK electrical retail outlets.
The group, which is based in Gateshead, employs about 500 staff and has an annual turnover of £80 million.
>From The Scotsman