Adams latest credit slump casualty
29th December 2008
CHILDRENSWEAR retailer Adams has become the latest high street casualty following confirmation that it has gone into administration.
The chain, which has 260 outlets across the UK including in Leeds, Bradford and Sheffield, joins a list of national retailers going out of business such as MFI and Woolworths.
The clothing chain confirmed that it applied to the administrators' court on Christmas Eve but that its directors are hoping to secure rescue funds before a January deadline.
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