Administration

Former Debenhams staff win legal battle against retailer

More than 400 former Debenhams staff who lost their jobs after the company went into administration have won a legal…

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Clintons to shut 38 stores as part of restructuring plan

Clintons is reportedly set to close 38 stores in a bid to stave off its collapse for at least 12…

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House of Fraser to close two more stores

House of Fraser is set to close two more of its stores as parent company Frasers Group continues to prioritise…

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Wilko competitors consider bids for its estate

Wilko’s non-food market competitors Poundland, B&M, The Range and Home Bargains are reportedly among the companies looking to settle a…

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Clintons could close fifth of stores to remain trading

Clintons could reportedly be set to close around a fifth of its stores in order to keep the company solvent.…

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Retail sector accounted for 16% of UK administrations in 2023, study finds

The retail sector accounted for 16% of administrations in the first six months of 2023 – the highest industry in…

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Large House of Fraser stores to be kept ‘under review’ 

Frasers could reportedly close larger House of Fraser stores in the future as the group continues to reassess its department…

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Hotter Shoes CEO and CFO exit following administration

Hotter Shoes chief executive, Ian Watson, and chief financial officer, Gavin Manson, have stepped down following the recent pre-pack administration,…

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THG snaps up City A.M.

THG has announced the acquisition of London’s 18-year-old business newspaper, City A.M. The news comes after it was revealed that…

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From Tesco to tiles: The eight largest mergers and acquisitions of 2023

This year has seen a large number of M&A deals in the retail industry. In fact, the number of UK…

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