Household-name retailers MFI and Woolworths are struggling to save around 27,000 jobs.
Woolworths' administrators have begun efforts to rescue the chain, after the firm said its retail stores could no longer operate as a going concern.

All 815 stores will stay open for now, but 25,000 jobs are at risk after the chain buckled under its £385m debt.
Administrators Deloitte said there had been "expressions of interest" for the stores and for the Entertainment UK wholesale business and that every effort will be made to retain jobs as part of any sale.

Meanwhile, furniture chain MFI has also gone into administration putting around 2,000 jobs at risk.