Partly Cloudy

Partly Cloudy

max temp: 14°C

min temp: 10°C

Search

Hadleigh: Electrical retailer B V Hicks to close after 54 years of trading

09:32 10 June 2014

The B V Hicks store in  Hadleigh.

The B V Hicks store in Hadleigh.

Archant

A high street electrical retailer in Suffolk dating back to the 1960s has been forced to close.

shares

B V Hicks Ltd in Hadleigh will be placed in liquidation after its owner died last year and finding it “difficult to compete” with nearby supermarkets, out-of-town retail parks and internet shopping, insolvency practitioners McTear Williams and Wood said.

B V Hicks Ltd was formed in 1960, originally trading in Stowmarket before expanding into Hadleigh in 1968, selling, repairing and renting televisions. Sales of white goods were added in the 1970s.

In a statement, McTear Williams and Wood said: “With the rise in the number of out-of-town retail parks and the increasing use of the internet, competition increased and as a small local retailer it became more and more difficult to compete.

“Unfortunately Mr Hicks Senior passed away late last year and as two further large supermarket chains locally started selling electrical goods the directors decided to close the business.”

Toby Hicks, director of the company, added: “My family and I would like to thank local customers who have supported the business over many years. It is very sad to have to close this long-established business.

“I would also like to thank the dedicated staff for their hard work and wish them well for the future.”

The company has instructed McTear Williams and Wood to convene a meeting of creditors to place the company in to liquidation.

shares

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ipswich Star visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ipswich Star staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ipswich Star account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Barry Studd wins Holywells Ward at the local election count at Ipswich Corn Exchange.

It was a bad night for the Tories in Ipswich - and a great one for Labour as they gained two seats on the borough council.

Primark Ipswich

Some of the largest retailers in the heart of Ipswich are planning a multi-million pound investment in the town centre, MP Ben Gummer says today.

South East Suffolk Magistrates' Court

A burglar who stole a boiler from an unoccupied house on a new development while struggling with drug addiction must pay more than £2,000 compensation.

From left, Morgan O’Sullivan of Cushman, Simon Jennings of Ernest Doe & Sons, Darren Baldwin of Tottenham Hotspur FC and Andy Turbin, also fo Ernest Doe & Sons, with the fleet of electric vehicles supplied for the club's training ground.
Photo: Contributed

Tottenham Hotspur weren’t quite able to cut it in the Premier League, just missing out on this year’s title to Leicester City.

The Colchester Borough Election count at Charter Hall.

Here we bring you the results as they are announced from yesterday’s council and police and crime commissioner elections.

The crash happened in Granville Street, which is just off Norwich Road.

A man has been taken to hospital with a leg injury after the motorcycle he was riding collided with a car in Granville Street, Ipswich.

Pub quiz.

British author and mathematician Bertrand Russell said: “There is much pleasure to be gained from useless knowledge.”

Pupils from Holbrook primary with some of the 3D printed enhaler caps inspired but Tim Peake. 
Tristan and Jack

It isn’t every day your school gets a message from space.

Polling stations have now closed

Ballot boxes are being rounded up and votes will soon be verified following today’s local elections, and the police and crime commissioner ballots.

Stock image of the A12.

A number of ladders have fallen from a lorry onto the road and central reservation on the A12 at East Bergholt.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24