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Article: ETHEL AUSTIN ON THE EDGE; Staff left in tears at administration news.(News)
- Article from:
- Liverpool Echo (Liverpool, England)
- Article date:
- April 16, 2008
CopyrightCOPYRIGHT 2008 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: By NEIL HODGSON Industry Reporter
DIRECTORS of stricken discount chain Ethel Austin were meeting administrators today as the Knowsley-based firm fights for its future.
The plan is to keep the 74-year-old business trading while a buyer is sought.
But there are fears up to 300 jobs and 30 shops may be axed nationwide in the short term.
Administrators were called in yesterday.
Workers on the afternoon shift were the first to learn the news that could result in big job losses among the 2,800-strongworkforce.
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