Claire’s and TOFS teeter on administration as UK high street faces fresh jobs shock
London, January 5, 2026, 17:53 GMT Claire’s and The Original Factory Shop (TOFS) are close to filing notices of intention to appoint administrators, a step that would shield the retailers from creditor action while they pursue a rescue, Sky News reported on Monday. ( source) The chains employ about 2,500 people and trade from just over 300 stores, the report said. The filings would come just after the Christmas trading period, when UK retailers typically make a large share of annual profit. The timing matters because it lands at the start of the year, as large retailers prepare to disclose