Administration

Tesco puts 1,700 jobs at risk in operational shake-up

Tesco has announced plans that could involve laying off up to 1,700 workers as part of a structural shake-up. The…

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Poundland owner Steinhoff plea for £176m life raft

The owner of Poundland, Steinhoff, has begun contacting potential lenders in search of €200m (£176m) in “interim liquidity support” to…

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Retail has least business failures, figures show

The retail industry has the lowest number of business failures among all sectors in the UK, new data has revealed.…

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BHS.com continues online revival with sales increase

BHS.com, the online-only reincarnation of collapsed department store chain BHS, has seen a 43% increase in sales for the final…

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Retail administrations increase in five-year-first

The number of retailers entering administration increased from 92 in 2016 to 118 in 2017, an increase of 28 percent,…

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