High street retailer Bonmarche has collapsed into administration, putting around 2,900 jobs at risk.
The company has stores in St Mary Street, Weymouth, as well as Poole and Bournemouth.
The retailer had become the latest victim of the pressures facing bricks and mortar retailers after a 'sustained period of challenging trading conditions', according to administrators.
The womenswear retailer employs 2,887 staff, including 200 at its head office, and operated 318 stores.
It is the second time in seven years the company has fallen into administration. It was bought in a rescue deal by private equity firm Sun Capital Partners in 2012 and later floated on the stock exchange. Retail tycoon Philip Day bought a majority stake earlier this year.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel