Company type | Limited company |
---|---|
Industry | Retail |
Genre | Department store |
Founded | 1881Bournemouth, Hampshire, UK | ; 143 years ago in
Founder | John Elmes Beale |
Headquarters | Hertfordshire, United Kingdom |
Number of locations | 2 (Poole and Southport) |
Area served | UK |
Key people | Andrew Perloff (Chairman) Tony Brown[1] |
Number of employees | 1000 (2020) |
Parent | Panther Securities |
Website | www |
Beales is an English department store chain, which currently operates 2 branches, in Poole and Southport.[2] The former flagship store, Beales in Bournemouth, was established as The Fancy Fair by John Elmes Beale in 1881 and was the biggest department store in Dorset. The chain expanded through acquiring other department stores and continued to run two stores branded as Palmers in Great Yarmouth and Lowestoft until its closure.
The company was listed on the London Stock Exchange until its private equity takeover. Beales entered administration on 20 January 2020 and finally closed their remaining stores on 18 March 2020.[3] It formerly operated 23 branches before entering administration. However, a new company, New Start 2020 Limited, reopened the Beales store in Poole in August 2020.[4]