A chain of Budgens stores have gone into Administration - 34 Stores to close with huge Job Losses

16
Found 7th Mar 2017
Sad news for Budgens staff and their families today, MORE than 800 people are going to lose their jobs.

One of the supermarket chain’s operators has gone into administration resulting in the future closure of 34 Budgens stores.

Food Retailer Group bought the stores from the Co-operative Group in July, but things obviously haven't went to plan. Hopefully they will be able to find a buyer, so the stores can continue trading and job losses can be prevented, but at this point, it doesnt seem likely.

Here's the details of which stores are closing, when they're closing, and how many jobs have been lost at each one: (news source CITY AM )

Aberystwyth: February 26 - 22

Blackburn: February 25 - 13

South Benfleet: February 26 - 12

Ludlow: February 26 - 27

Weoley Castle: February 26 - 26

Norwich: February 26 - 18

Dagenham (Becontree): February 26 - 17

Greenwich, London: February 26 - 22

Sydenham, London: February 26 - 22

Northumberland Heath: March 5 - 19

Watton: March 5 - 23

Buckley, Brunswick Road: March 5 - 32

Prestwick: March 5 - 35

Crewkerne, Falklands Square: March 5 - 16

Helston, The Parade: March 5 - 24

Cardigan, Lower Mwldan: March 5 - 19

Totnes, Fore Street: March 5 - 19

Shaftesbury, Bell Street: March 5 - 22

Christchurch, Saxon Square: March 5 - 18

Rochford, Roche Close: March 5 - 23

Basingstoke, Winklebury Way: March 5 - 20

Tiverton, Market Walk: March 5 - 22

Gillingham, Kent: March 9 - 37

Southall, London: March 9 - 22

Littlehampton, Wick Street: March 9 - 16

Sherwood, Mansfield Road: March 9 - 24

Newport, Shropshire: March 9 - 30

New Invention, Shropshire: March 9 - 30

New Brighton: March 9 - 17

Wisbec: March 9 - 25

St Neots: March 9 - 27

Paisley: March 9 - 34

Monmouth, Oldway Centre: March 9 - 21

Weymouth, Littlemoor Road: March 9 - 36


News Source Metro
Community Updates
Misc
16 Comments
Never heard of them but sad news for the workers.

It's have gone not have went (_;)
Sad news
but important to note this is not the 150 stores still owned and run by Budgens
Must be because of Brexit or possibly Trump or both

As everything else going wrong seems to be blamed on either of these two choices.

Wonder if we'll have any millennials, SJW's and unemployed causing protests and riots outside the stores?
Can this post be changed. It's not budgens in administration it's a company called tfr trading under the budgens brand.
This post will scare people unnecessarily.
Full article here Article Metro
Edited by: "puppet1984" 7th Mar 2017
philphil61

Must be because of Brexit or possibly Trump or bothAs everything else … Must be because of Brexit or possibly Trump or bothAs everything else going wrong seems to be blamed on either of these two choices.Wonder if we'll have any millennials, SJW's and unemployed causing protests and riots outside the stores?



Ah ok... on the flip side...

It'll be better when we are out....

This would NEVER have happened if we weren't in Europe... Hard and full brexit before its too late.



Oh dear, not good...

However, how can you have 800 employees involved in only 34 stores? oO
my store is not on the list i love the hot food they do
its because these stores arent making enough money for fatcats buying bentleys
philphil61

Must be because of Brexit or possibly Trump or bothAs everything else … Must be because of Brexit or possibly Trump or bothAs everything else going wrong seems to be blamed on either of these two choices.Wonder if we'll have any millennials, SJW's and unemployed causing protests and riots outside the stores?


can't we start a petition?
tomminator

its because these stores arent making enough money for fatcats buying … its because these stores arent making enough money for fatcats buying bentleys


its a business, if it doesn't make money then its not viable.
davewave

can't we start a petition?



Petitions won't work until HUKD fixes the IGNORE facility whereby people on your IGNORE list can't pm you

So it's HUKD's fault

Honestly
Never heard of them.......
puppet1984

Can this post be changed. It's not budgens in administration it's a … Can this post be changed. It's not budgens in administration it's a company called tfr trading under the budgens brand. This post will scare people unnecessarily. Full article here Article Metro



​or maybe isis.
Really not surprised. There was never anyone in the store that opened in place of co-op here and it was far more expensive and had less things
simonturner69

Oh dear, not good...However, how can you have 800 employees involved in … Oh dear, not good...However, how can you have 800 employees involved in only 34 stores? oO



Works out as about 23 per store. I presume a lot of them are larger stores, slightly bigger than an Aldi rather than little newsagents. My local had 32 staff.
Edited by: "sneakybifta" 7th Mar 2017
Tesco are buying Bookers.
Budgens is an independent retail brand and is part of Booker Group.
There are more than 120 Budgens stores across the UK ranging from petrol forecourts to neighbourhood supermarkets, independently owned by Budgens retailers.
Looks like a reshuffle before the sale goes through.
Post a comment
Avatar
@
    Text

    Top Discussions