Prezzo to shut 94 restaurants with 500 jobs to go
A total of 94 of Prezzo’s 300 outlets will close, with around 500 jobs understood to be in the firing line.
UK News|Mar 23, 2018
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New Look to shut wave of stores as high street misery continues
It comes in a dismal start to 2018 for the UK high street.
UK News|Mar 21, 2018
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Jobs at risk at Carpetright as retailer eyes store closures
The flooring company has 409 shops across the UK.
UK News|Mar 21, 2018
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Mothercare appoints KPMG for crunch talks with banks
The group has taken a hammering on the stock market after warning over profits twice since the start of the year.
UK News|Mar 20, 2018
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New Look store escapes the axe as business contracts
FASHION retailer New Look plans to close 60 stores in an attempt to restore profitability.
News|Mar 8, 2018
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New Look to axe up to 980 jobs under rescue plans
New Look plans to close nearly 10% of its 593-strong UK store estate and slash rent on nearly 400 shops under a company voluntary arrangement (CVA).
UK News|Mar 7, 2018
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Prezzo to close 100 restaurants as part of restructure
The company, owned by private equity firm TPG Capital, is set to launch a Company Voluntary Arrangement.
UK News|Feb 28, 2018
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Toys R Us collapses into administration putting 3,200 jobs at risk
The firm is one of the nation’s biggest toy retailers, with more than 100 stores in the UK.
UK News|Feb 28, 2018
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Hundreds of jobs at risk as Jamie Oliver closes 12 restaurants
The closures are part of a CVA, which will allow the Jamie’s Italian chain to exit unprofitable stores.
UK News|Feb 21, 2018
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Sandwich chain Eat reportedly eyeing store closures
The group has reportedly drafted in professional services firm KPMG to help with a possible restructuring.
UK News|Feb 21, 2018
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New Look sales and profits slump as retailer mulls store closures
Like-for-like sales in the UK plunged 10.7% during the period, while online sales through New Look’s website fell 15%.
UK News|Feb 21, 2018
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Burger chain Byron’s restructuring plans backed by creditors and landlords
The CVA received 99% backing during a meeting on Wednesday.
UK News|Jan 31, 2018
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Byron faces key vote on burger chain’s restructuring vision
The restaurant group has tabled a company voluntary arrangement (CVA) in an attempt to shore up its financial position.
UK News|Jan 31, 2018
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Byron faces crunch vote on restructuring plans
If the CVA is to succeed, Byron would need a 75% backing from creditors during Wednesday’s vote.
UK News|Jan 28, 2018
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Burger chain Byron puts jobs and restaurants at risk in proposed restructuring
The restaurant group is looking agree a company voluntary arrangement to help put it on firmer financial ground.
UK News|Jan 9, 2018
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