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Allders
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==Croydon store, 2005β2013== In May 2005 it was announced that the owners of [[Jaeger (clothing retailer)|Jaeger]] would take on the flagship Croydon store and that it would continue to trade as Allders. In the first year of operation the new managing director, Andrew MacKenzie, turned the fortunes of the company around and projected a Β£1 million gross profit. Significant investment was made to attract back to the store its Croydon audience. It was the only Allders store to survive the 2005 administration. In April 2006 it was announced that Allders had secured an extension to their lease through to 2008.<ref>{{cite news |url=http://www.croydonguardian.co.uk/search/display.var.742239.0.allders_safe_for_two_years.php |title=Allders safe for two years |newspaper=Croydon Guardian |date=26 April 2006 |access-date=24 July 2006 }}</ref> The land and store that Allders leased had regular break clauses to the benefit of the "virtual freehold leaseholder" held by [[Minerva (property firm)|Minerva plc]] subsidiary companies for 250 years. The freehold interest was held by the [[Whitgift Foundation]]. Development plans by Minerva for a 1.08 million sq.ft shopping centre were complicated by uncertainty over its tenancy, and competition from the new 1.615 million sq.ft [[Westfield London|Westfield]] development at [[White City, London|White City]], and the 1.3 million sq.ft shopping development at [[Bluewater (shopping centre)|Bluewater]] to the east of London. In December 2011, Allders director Max Menon was named as new chairman of Croydon Business Improvement District.<ref>[http://www.croydonbid.com/ViewNews.aspx?NewsID=81&PID= Croydon BID appoints new chairman] {{webarchive|url=https://archive.today/20130120062544/http://www.croydonbid.com/ViewNews.aspx?NewsID=81&PID= |date=20 January 2013 }} Croydon Business Improvement District, 1 December 2011</ref> Allders of Croydon was placed into administration on 15 June 2012. It was blamed on the "tough market conditions of the retail sector" at the time.<ref>[https://www.standard.co.uk/business/business-news/allders-of-croydon-goes-into-administration-7854444.html Allders of Croydon department store goes into administration] Evening Standard, 15 June 2012</ref> The administrators [[Duff & Phelps]] failed in their search for a new investor and Allders finally closed down after the last day of trading on 22 September 2012.<ref name=150Close>{{cite news|url=http://www.croydonguardian.co.uk/news/9917083.UPDATE__Hundreds_to_lose_jobs_at_Allders_announces_it_will_close/|author=Nick Hitchens|newspaper= Croydon Guardian|date= 7 June 2012|access-date=23 September 2012|title=150-year-old Croydon department store Allders is set to close in two weeks}}</ref> It was reported in ''[[Scotland on Sunday]]'' that Metis, a Glasgow-based intellectual property firm were looking to sell brands that were owned by Allders. Along with the Allders name, the administrators were seeking to sell furniture brands Maples and [[Waring & Gillow]]. Allders ceased trading on 17 January 2013. Later that year the Croydon building reopened as "Croydon Village Outlet".<ref>{{cite news |first=Robert |last=Fisk |title=Entrepreneur Clive Coombes opening Zervo store on site of failed Croydon Village Outlet |newspaper=Croydon Guardian |date=27 November 2014 |access-date=18 December 2017 |url=http://www.croydonguardian.co.uk/news/business/11629495.Croydon_Village_Outlet_to_be_relaunched_under_new_name_and_ownership/ }}</ref> In July 2019, [[Croydon London Borough Council|Croydon Council]] took possession of the site as part of the proposed redevelopment of the [[Centrale (Croydon)|Centrale]] and [[Whitgift Centre]] shopping malls. Businesses and franchises within the Village Outlet had to move or close altogether.<ref name=Tara>{{cite news|url=https://www.yourlocalguardian.co.uk/news/17838826.businesses-forced-croydon-village-outlet-move-whitgift-centre/|last=O'Connor|first=Tara|work=Sutton & Croydon guardian|publisher=[[Newsquest]]|date=15 August 2019|title=Businesses forced out of Croydon Village Outlet move to Whitgift Centre|access-date=26 October 2020|archive-url= https://web.archive.org/web/20201026133323/https://www.yourlocalguardian.co.uk/news/17838826.businesses-forced-croydon-village-outlet-move-whitgift-centre/|archive-date=26 October 2020}}</ref> In 2018 Allders purchased the rights to the Co-op Department Store in [[Paisley, Renfrewshire]], at the Paisley Centre and set up a department store on three floors.{{citation needed|date=August 2021}} In May 2021 it was announced by Allders that the Paisley Store was to close down and a closing down sale began,<ref>{{cite web | url=https://www.dailyrecord.co.uk/news/local-news/firm-behind-paisley-centre-revamp-24175062 | title=Firm behind Paisley Centre plans reveals hope for Allders following closure news | date=24 May 2021 }}</ref> closing in July 2021 <ref>{{cite web | url=https://paisleycentre.co.uk/component/sppagebuilder/?view=page&id=56 | title=The Paisley Centre // Shopping in the heart of Paisley }}</ref>
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