The chain's South African owner, Truworths International, has reportedly put the business up for sale, after temporary closing 130 stores. Consultancy form Alvarez & Marsal (A&M) has now been hired to run an accelerated sale process for Office amid lockdown measures. According to Sky News, bidders are being told the sale of Office "will be completed within a short time-frame". The notice of administration means that the company now has 10 days to find a buyer before creditors move in. The news of its accelerated sale process comes just days after Debenhams officially announced it had gone into administration, closing all stores in Ireland with immediate effect.

Source: Daily Mirror April 15, 2020 09:50 UTC