Electronics retailer Maplin falls into administration after talks with a possible buyer fall through – TheLiberal.ie – Our News, Your Views

Electronics retailer Maplin falls into administration after talks with a possible buyer fall through




Picture credit: Maplin

Electronic retailer Maplin has crashed into administration, after emergency talks with a potential buyer fell through.

Maplin currently employs about 2,500 staff across the UK and Ireland. Stores are still open and trading as of now.

Maplin is the second high-profile retailer to fall into administration today, after toy chain ToysRUs was also forced to call in administrators.

High rents and shifting customer trends towards online shopping are being partially blamed for these events.

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