GENERAL MERCHANDISE NEWS
Right Price Tiles goes into administration
29 January, 2007 | by Retail Bulletin
Right Price Tiles becomes the third high street retailer to enter administration this month, following Music Zone and Greeting Card Group.
The group, which is run by Irish parent company Railway Tile Store has appointed Deloitte as administrator. Deloitte are hoping to find a buyer in a bid to safeguard the 300 jobs at the firm’s 53 stores.
The UK stores were formerly known as Tiles R Us before being rebranded Right Price Tiles by Railway Tile Store, which rescued the chain last January after it entered into administration the first time in December 2005.