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Blow for town as jeweller closes down

The closed Henderson store in Motherwell Shopping Centre

The closed Henderson store in Motherwell Shopping Centre

One of Motherwell Shopping Centre’s best-known shops - Henderson the Jeweller - has become the latest local victim of the recession.

The firm, which was founded in 1886, went into liquidation last week with the loss of almost all of its 79 employees.

Its Motherwell closure leaves a high profile unit vacant in the town’s main shopping thoroughfare.

Henderson, whose original branch was in Coatbridge, traded at 27 Brandon Parade, and was one of Scotland’s most respected independent high street jewellery and watchmaker’s stores.

A printed noted on the closed shop’s security shutter said shopping centre had taken control of the vacant unit for safety purposes as it had been “abandoned”.

Henderson had 14 branches across the country, with stores in, for example, Hamilton, Airdrie, Cumbernauld, Glasgow and Braehead.

The peak Christmas trading season failed to make a critical difference to what had become a sustained trading downturn. for the company.

Brian Milne of Glasgow-based accountants French Duncan, said: “I have initiated a thorough assessment of the circumstances leading up to the liquidation, though it would seem that Henderson has fallen victim to the challenging trading conditions that the economic downturn has imposed on many retailers over recent years.”

He added: “It is particularly regrettable, given Henderson’s long history, that it has fallen into liquidation.”

 

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