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.