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Quiz Files Notice of Intention to Appoint Administrators, Putting Around 1,000 Jobs at Risk

The retailer seeks breathing space to secure funding following weak Christmas trading.

Overview

  • Quiz says stores and its website remain open and trading as it explores financing and other options.
  • Reports differ on the scale, with roughly 40 to 44 UK stores at risk and about 41 concessions also listed across partner retailers.
  • The Notice of Intention gives the company short-term protection to assess restructuring or a potential rescue deal.
  • The step follows a February 2025 administration that closed 23 stores before a pre-pack buyback kept a reduced estate operating.
  • Management and coverage cite volatile demand and rising costs, including business rates, minimum wage and employer National Insurance, as key pressures.