Administration

650 retail stores have closed in 2018 so far

Nearly 650 retail stores and restaurants have shut or are at risk of closure since the start of 2018. According…

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300 jobs lost as East poised to stop trading next week

Fashion retailer East is to stop trading next week after administrators were unable to find a buyer, with 300 employees…

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Store closure fears loom as House of Fraser appoints advisors

House of Fraser has appointed KPMG to advise the company on a restructuring plan, raising speculation that a number of…

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High street collapse down to higher business rates, says Colliers

Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017…

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American Apparel set for UK relaunch

Retail brand, American Apparel plans to relaunch online in April in the UK. The brand will return with its basics…

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Carpetright to close nearly a quarter of stores, affecting 300 jobs

Carpetright is preparing to close nearly a quarter of its 300 stores in a restructuring plan as it struggles to…

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Dominic Chappell to sue Philip Green

Former British Home Stores (BHS) owner Dominic ­Chappell said he plans to sue retail magnate Philip Green and contest a…

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Bestway acquires Conviviality retail brands

Bestway Wholesale has completed the purchase of Conviviality’s retail brands, in a deal closed at 11.56pm on Friday (6 April).…

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Bestways poised to purchase retail arm of Conviviality

Cash and carry wholesaler Bestway is set to announce its plan to purchase Conviviality’s retail chains, which includes Bargain Booze.…

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Conviviality goes into administration

Drinks retailer and wholesaler Conviviality has filed for administration just a day after selling its wholesale business. Administrators PwC released…

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