JOBS are under threat at Murton’s Dalton Park shopping centre after the collapse of a North-East gifts firm.
Accountants KPMG have been appointed administrators to Tyneside-based Collectables Retail Limited and the related business Xystos Wholesale Limited. Collectables has two branches at Dalton Park.
The firm has 11 stores across the North East, Yorkshire and Cumbria, and also trades as a furniture retailer from three units at Collectables Retail Park, Stockton.
The administrators have closed the stores while they conduct their initial analysis of the company, and 25 of the firm’s 200 employees have been made redundant from the head office in Blaydon.
No shop staff have yet lost their jobs.