Administration

Deloitte fined £1m over handling of Comet administration

‘Big Four’ accountancy firm Deloitte has been fined £925,000 for its handling of electrical goods retailer Comet’s administration in 2012. …

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How ‘Ostrich Shops’ are blighting the high street

The state of the high street isn’t to blame for the closure of shops and growing number of UK retailers…

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10,000 retail jobs lost in 2020

Almost 10,000 retail jobs have been lost in 2020 amid a “torrid” start to the new year, according to the…

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Why retailers need to take sonic branding seriously

Retail is undergoing something of a paradigm shift. This is a sector that faces unprecedented challenges as it adapts to…

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Hawkin’s Bazaar enters administration, 177 jobs at risk

Gift and toy retailer Hawkin’s Bazaar has entered administration, placing 177 jobs at risk. Tom Straw and Simon Thomas from…

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The Dune Group CEO James Cox announces departure

The Dune Group’s CEO, James Cox, is set to depart from the shoe retailer on 9 March, after more than…

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Gordon Brown to receive nearly £1m following Links of London collapse

Restructuring firm Gordon Brown is set to receive a near £1m payout after it helped to close down British jewellery…

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Beales to vote on administration

Embattled department store chain Beales is on the brink of administration, with reports suggesting it will hold a meeting on…

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Asda cost cuts to put 2,832 back-office jobs at risk

Nearly 3,000 Asda employees are reportedly at risk of losing their jobs, according to new reports.  According to The Guardian,…

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Debenhams in talks to offload executive pension scheme

Embattled department store chain Debenhams is reportedly in talks over the buyout of its executive pension scheme, which holds over…

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