1000 jobs at risk as Beales lurches towards collapse

// Beales warns it could collapse into administration unless it finds a new owner for the business, placing 1000 jobs at risk
// The retailer, one of the oldest department stores in the UK, is also negotiating with landlords for rent cuts
// Last month Beales appointed KPMG to undertake a strategic review of the businessAround 1000 staff are at risk of losing their jobs as Beales warns it is on the brink of collapse unless it can find a new owner to buy the business.
The department store retaile