would appear that all sides of this thread are correct.
Peacocks have been bought by Edinburgh Wollen Mills but they are closing 224 stores at a cost of 3,100 jobs and sadly Chesterfield branch is one of them. EWM have been very active in the buy out market recently. They also bought the fashion chain Jane Norman.
BonMarche owned by the same group as Peacocks has not as yet entered administration but the signs for it are apparently not good.
Slacker I'd like to throw this back at you. Your view to save the world is to stimulate the economy because people can't afford luxuries so the shops are shutting.
Now lets take Peacocks as an example. They are hardly at the 'luxury' end of the market so you'd think that people would be using them in preference to places like Next and M&S. Indeed they were said to have returned healthy trading profits but what killed them was £750m worth of DEBTS!!