Collectables has gone into administration, putting 200 jobs at risk. The company has 11 shops across the North-East, Yorkshire and Cumbria, and as a furniture retailer from three units at Collectables Retail Park, Stockton.
“Sustained difficult trading conditions have resulted in the business facing cash pressures with a further increased demand for working capital in preparation for the Christmas trading period."
Administrators have closed the stores. There has been no immediate redundancies but the situation is uncertain.
More top news
Approval has been granted for a £24 million plan to bring history to life and put a County Durham town on the world stage.
A look ahead at the forecast for the Tyne Tees region.
Midfielder JJ O'Donnell is back home after undergoing a career-saving operation to try and cure a rare condition in both his feet