Pumpkin Patch stores to close, no buyer emerges

Tue, 22 Nov 2016

By Sophie Boot Nov. 22 (BusinessDesk) - No buyers have emerged for children's clothing retailer Pumpkin Patch, meaning the company will sell all stock and be wound down, with 63 people losing their jobs this week, the receivers have announced. All stock will go on sale this weekend, with gift vouchers to be honoured while current stock is sold. The company was tipped into receivership by its lenders in October and appointed voluntary administrators after failing to reinvent itself in the face of shrinking sales and too much debt. Re...

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