Administration

Today’s news in brief-20/1/25

Quiz is reportedly considering closing up to a third of its 60 stores as part of a restructuring effort to…

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Quiz eyes store closures as costs mount

Quiz is reportedly considering closing up to a third of its 60-location portfolio as a way to cut costs and…

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UK economy narrowly returns to growth in November

The UK economy narrowly returned to growth in November as real gross domestic product (GDP) increased 0.1%, largely because of…

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Today’s news in brief-13/12/24

Hundreds of Harrods workers, including retail, restaurant, and cleaning staff, are set to strike on 21–22 December and Boxing Day…

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In The Style losses narrow amid job cuts

In The Style has revealed that it posted a loss-before-tax of £2.7m for the year ended 31 March 2024, compared…

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Debenhams has ‘greater value’ than current group valuation, says Boohoo CEO

Boohoo group CEO Dan Finley has said that Debenhams single-handedly brings “greater value” than the market cap of the rest…

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Topps Tiles defends strategy after major shareholder criticism

Topps Tiles has defended its performance and strategy following criticism from a major shareholder, who accused the tile retailer of…

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Kingfisher and M&S eye remaining Homebase sites

Kingfisher and Marks and Spencer are reportedly eyeing more than 20 of Homebase’s stores after the DIY company fell into…

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Today’s news in brief-14/11/24

The Range and Wilko owner, CDS Superstores, has acquired 70 Homebase stores after the DIY retailer entered administration. This move,…

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CDS Superstores acquires 70 Homebase stores out of administration

The Range and Wilko owner CDS Superstores has acquired 70 Homebase UK stores after the DIY retailer collapsed into administration.…

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