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  • "Odd, as H&B have announced a 19% increase in profits as sister company goes in to administration!

    In regards to Haverfordwest, it will be difficult to revitalise as
    a) the shops are way too small, that’s why the retailers want to go outside of town and
    b) all the free parking gets eaten up by those that work in town (and we know, even if you provide free parking, people will still park in town as its closer to their work *cough county hall*). Glad to see more short stay spaces down Quay Street"
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More retail uncertainty for Haverfordwest as administrators appointed to Julian Graves

Difficult financial conditions could claim the life of yet another of Haverfordwest's stores as health food store Julian Graves goes into administration but remains trading.

Chris Farrington, Neville Kahn and Lee Manning of Deloitte, the business advisory firm, were appointed joint administrators to Julian Graves Limited, a food retailer specialising in dried fruit and nuts yesterday afternoon.

Haverfordwest's Bridge Street store is one of 189 across the UK.

Deloitte said that the company has been adversely affected by the tough economic climate, in particular, the ongoing pressure on consumer spending, a competitive high street trading environment, and rising commodity prices.

Chris Farrington, joint administrator and restructuring services partner at Deloitte, said: “Our priority is to assess the financial position of Julian Graves and consider what options are available. In the meantime, all stores will continue to trade as normal and all employees will continue to be paid.”

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