Poundworld set to become latest retail failure, putting 5,100 jobs at risk
The budget retailer is poised to appoint administrators, following the likes of Maplin and Toys R Us.
UK News|Jun 11, 2018
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House of Fraser boss warns plan to shut 31 stores is ‘last viable’ option
The department store’s chief executive fears for the business’ future if the plan is not approved by landlords.
UK News|Jun 7, 2018
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House of Fraser to shut 31 stores, with 6,000 jobs under threat
The closures – including the Oxford Street store in London – will leave the group with 28 shops across the UK and Ireland.
UK News|Jun 7, 2018
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House of Fraser on brink of shutting more than half its stores
The embattled department store employs around 17,500 people.
UK News|Jun 6, 2018
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Future of another 300 Mothercare workers up in the air
The retailer is now considering ‘all options’ for 21 stores.
UK News|Jun 4, 2018
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Poundworld in last-ditch rescue talks with investor to fend off collapse
The retailer’s private equity owner TPG and lender Santander have been fielding bids for the firm.
UK News|Jun 1, 2018
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Mothercare stores to close as restructuring plan voted through
The store closures will be carried out through a company voluntary arrangement (CVA).
UK News|Jun 1, 2018
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House of Fraser in crisis talks with lenders as it seeks to avoid collapse
The department store’s lenders are demanding assurances of fresh funding.
UK News|Jun 1, 2018
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Carluccio’s pushes ahead with restructuring, putting hundreds of jobs at risk
The Italian food business could close around 30 stores as part of its plan.
UK News|May 31, 2018
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Iceland in supermarket sweep for Food Warehouse expansion
Managing director Richard Walker wants to add at least 30 stores a year to Iceland’s fledgling brand.
UK News|May 28, 2018
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Ikea folds plans for mega store amid retail uncertainty
The furniture giant said development costs meant the site near Preston was no longer viable.
UK News|May 18, 2018
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Mothercare axes 50 stores and reinstates ousted boss amid brutal annual figures
Mark Newton Jones, who was given the elbow as chief executive last month, will return to the fold.
UK News|May 17, 2018
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Mothercare swings axe on 50 stores and brings back ousted chief executive
The closures will result in hundreds of job losses.
UK News|May 17, 2018
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Closures considered for Cote-owned restaurant brands
Cote bought the Jackson & Rye and Limeyard brands in 2016.
UK News|May 8, 2018
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Sports Direct launches legal action against embattled House of Fraser
Mike Ashley’s sports retailer owns an 11.1% stake in the department store chain.
UK News|May 5, 2018
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