Crawshaws: 354 jobs gone and hundreds more at risk as butcher chain goes under
Yorkshire butcher shop chain Crawshaw Group plc has fallen into administration with the loss of hundreds of jobs.
The fresh meat and food-to-go retailer, headquartered in Rotherham, has this morning (November 5) confirmed plans to make 354 staff redundant.
Hunter Kelly and Charles King from the restructuring team at professional services giant EY are joint administrators for the company.
Crawshaw and its subsidiaries operate 54 stores across the North of England. The firm’s Derby shop saw the most jobs lost, with 16 redundancies. At Crawshaw’s processing and distribution centre in Hellaby, 11 employees are being made redundant.
EY’s Hunter Kelly said: “Crawshaw has not been immune to the well documented issues on the high street, which has resulted in a number of stores becoming loss making.
“Despite the new management team’s best efforts, it was not possible to raise additional investment to restructure the business by reducing the number of high street stores and expanding its successful factory shop format and instore SPAR butchery offering.”
Hunter continued: “As a result the Group would have run out of cash due to the loss making high street stores and therefore administration was necessary.
EY’s Hunter Kelly (pictured) is joint administrator alongside Charles King
“Crawshaw’s out of town factory store format has proved to be successful and we are hopeful that a purchaser can be found who can take forward management’s plan for these profitable stores.”
Speaking further, Hunter explained that the business continues to trade “19 profitable stores” and the Hellaby head office “as normal”, adding: “[We] would encourage interested parties to come forward.
“Unfortunately it was necessary to immediately close 35 stores in mainly high street locations that were no longer viable, which resulted in 354 redundancies.”
The joint administrators now hope to conclude a sale and preserve the remaining 261 jobs.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline