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Please Note: the figures given above are provided as a measure of the stresses faced by the retail sector in any given year. They refer ONLY to the UK and only include retail companies - not American businesses and not restaurants, cafes, food services, hairdressers or tattooists.
Where a business is named, below, this normally means it has gone through a legal process termed 'administration'. It should not be taken as meaning that the business has not survived or is no longer trading, because many do so or continue as online-only.
Further discussion can be found at the bottom of this webpage in the section headed 'What is Included and Excluded'. Stanley Gibbons, the stamp dealer and world-famous auctioneer went into administration on 22 December It had been established years ago by Edward Stanley Gibbons, who started selling unusual stamps whilst working in his father's pharmacy store.
The probable cause of the insolvency was a strategic decision to use stamps to create retail investment portfolios through its Guernsey operations. Pheonix Asset Management, the new owner, intends 'to revitalise its fortunes by reconnecting with the nation's obsession with stamp collecting' source: Cahill, H.