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
A look ahead at the Bank Holiday forecast for the Tyne Tees region.
Do you want to Leave or Remain in the European Union? That's the question facing everyone in the country. But what do young people think?
Remain or Leave? The impact on agriculture in the North East