An ailing retail chain may escape sale if creditors agree to allow it to trade out of its current difficulties. GP Stores called in the administrators earlier this year following continued cashflow problems, despite restructuring into a limited company in 1999. The company's chain of four supermarkets and eight c-stores stretching from Exeter to Hereford was put up for sale by administrators the Cottam Bell partnership. But administrator Keith Cottam said that after examining the company in detail, he has decided to recommend the creditors allow the company to trade its way out of trouble. He said: "Having looked at the situation, it seems the best way forward. The company was profitable up to a couple of years ago and we have identified where the problems are and if we cut them out the company should return to profitability." The company's future will now be decided by the creditors before the end of the month. {{NEWS }}