Shoe shop staff may face axe

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Jobs at a Blackpool shoe store are under threat following the collapse of its parent company.

Barratts Priceless, which has a Barratts unit in the Houndshill centre, along with 190 other stores in the UK, has gone into administration.

Around 4,000 jobs are under threat nationwide, including half a dozen in Blackpool.

Michael Ziff, chairman of Barratts Priceless parent company Stylo, is said to be doing all he could to save the company.

A company spokesman said: “We are staying open certainly over Christmas into January. It’s a difficult situation for everyone at the moment.”

Administrator Deloitte said stores will continue to trade while it seeks a buyer for all or parts of the business.

Deloitte restructuring partner Daniel Butters said: “Barratts and Priceless Shoes have faced a downturn in trading as a result of the difficult economic conditions.

“This has been exacerbated by the unseasonably mild weather in recent weeks which resulted in fewer sales across new winter lines.”

It is the second time the business has been put into administration as Mr Ziff, bought 160 shops from Deloitte after the chains were put into administration in 2009.

At the time, Deloitte closed 220 stores but Mr Ziff was able to safeguard around 3,000 jobs. Houndshill manager John Holt said he was aware of the situation and that the store would remain open for “the foreseeable future.”