UK department store retailer Beales enters administration

LONDON (Reuters) - British department store retailer Beales has collapsed into administration, a form of creditor protection, putting 1,052 jobs at risk, administrator KPMG said on Monday.The 139-year old retailer operates 23 department stores in market towns across Britain, selling furniture, fashion, toys and cosmetics."With the impact of high rents and rates exacerbated by disappointing trading over the Christmas period, and extensive discussions around additional investment proving..