Bideford Countrywide Farmers store closes down
PUBLISHED: 11:34 16 May 2018 | UPDATED: 11:35 16 May 2018
Bideford’s Countrywide Farmers store has closed down after the nationwide firm went into administration.
The store in Barnstaple Street ceased trading on May 6, after Countrywide Farmers Plc went into administration.
Adminstrators KPMG said 14 of the 29 stores nationwide had been sold, saving 169 jobs, but Bideford was not one of these.
The Hatherleigh store also ceased trading on May 6.
The Gazette has asked KPMG to clarify how many jobs had been lost in the store closure.
David Pike, partner at KPMG and joint administrator, said: “Following our appointment as joint administrators for Countrywide Farmers, we are pleased that we have been able to safeguard the future of 14 stores, and moreover the jobs of 169 staff.
“We are hopeful that we’ll be able to achieve four further sales from the remaining trading leasehold stores.
“Regrettably however, as with the majority of administrations, redundancies are unavoidable and a total of 208 people have been made redundant at the company’s headquarters in Evesham, the Defford logistics centre and stores that have closed.
“With no prospect of going concern sales for 11 of the 15 remaining stores, these will be closing with a final trading date of 20 May 2018.
“All affected staff have been informed and will be paid up to and including their last day of employment.
“We are pleased that we have been able to trade the stores for this duration to allow the successful sales to take place.
“We’d like to thank every employee for the support and professionalism they have provided to the company, both before and during the administration.”