More than 5-and-a-half-thousand retail jobs are at risk nationwide.
The electronics chain is blaming factors including Brexit and a weak consumer environment.
The childrens' retailer had negotiated lower rents with its landlords before Christmas, but has since suffered from a poor festive period.
It's thought the stores will continue to trade, for now.
Three injured in Plymouth street fight
Pedestrian dies in Brixham crash
Body found at Sandy Bay
Raw sewage pours into landmark Devon river
Work underway to return shingle to East Devon beach
Car park fees increase at Devon beauty spot
