Administration

Screwfix acquires assets of Connect Distribution Services Limited

Screwfix, the omnichannel trade retailer and part of Kingfisher plc, has announced it has acquired the stock, intellectual property, contracts…

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Private equity is changing supermarkets

After being dethroned as one of the Big Four supermarkets by Aldi in late 2022, Morrison’s most recent blow came…

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In The Style offloads business for £1.2m to avoid administration

Online fashion retailer In The Style has agreed to sell the business for just £1.2m as a way to avoid…

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WHSmith to target stationary market with new Curi.o.city stores

WH Smith has reportedly revealed plans to open a souvenir and stationery store called Curi.o.city as it looks to fill…

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Could stationery retailers be facing a future in concessions?

Stationery retailers have not had a brilliant start to the year, as shown by a succession of less-than-stellar financial results…

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Paperchase to shut all stores after failure to find buyer

Paperchase’s remaining 106 stores will be closing, The Times has reported, after its administrators failed to find a buyer for…

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Nearly 15,000 retail jobs lost in 2023

Nearly 15,000 retail jobs have been lost since the start of the year, according to new data from the Centre…

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Cath Kidston owner explores sale of business

The owner of the Cath Kidston is reportedly exploring a sale of the business only eight months after buying it.…

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Former Topps Tiles CEO acquires Tile Giant out of administration

Specialist retailer Tile Giant has been sold out of administration to two separate companies; Stiled Holdings and CTD Tiles. Interpath…

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Paperchase unsecured creditors left with £20m bill

Paperchase’s unsecured creditors have been stuck with a £20m bill from its period in administration, according to The Times, after…

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