Administration
This coverage explores retail administrations and insolvencies within the UK market, examining the circumstances, decisions, and consequences for businesses, employees, and creditors. Reporting highlights notable cases, restructuring efforts, store closures, and leadership actions aimed at recovery or winding down. Designed for executives and managers, it offers insights into risk, resilience, and lessons from commercial failures.
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Feb- 2018 -26 FebruaryHigh Street
Toys R Us could go bust ‘within days’, 3200 jobs at risk
Toys R Us looks set to go into administration within days, as the toy retailer faces a £15m debt. Last minute discussions with potential buyers fell through last week and it now looks likely that the retailer is set for a collapse. In a statement earlier this year, the firm…
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23 FebruaryDepartment Stores
Dominic Chappell fined £87,000 over pension scheme failure
Former BHS owner Dominic Chappell has been ordered to pay a total of £87,170 in fines and court fees after he was found guilty of failing to provide pensions information to The Pensions Regulator (TPR). In January, the one-time BHS owner was found guilty of failing to provide information about…
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23 FebruaryDepartment Stores
Dominic Chappell faces sentencing over pension investigation
The one-time BHS owner who purchased the ailing chain from Philip Green for a tiny sum before its collapse, Dominic Chappell, is expected to be sentenced in court today. He is accused of failing to provide information about the company’s pension scheme after it went into administration in 2016. Chappell…
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20 FebruaryElectrical
2,500 jobs at risk as Maplin races to avoid administration
Up to 2,500 shop staff jobs are at risk as electrical retailer Maplin tries to avoid administration. Rutland Partners, which took control of Maplin in 2014, is in talks with potential buyers, with pre-pack administration being considered as an option if a sale cannot be completed, according to reports. The…
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9 FebruaryHigh Street
HMV owner eyes the purchase of Toys R Us
The downfall of Toys R Us could be delayed as HMV owner Hilco Capital sets its sights on the toy retailer. Hilco Capital purchased HMV five years ago and saved 132 HMV shops from closure. Hilco Capital met with Toys R Us UK executives earlier this week to discuss the…
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7 FebruaryAnalysis
Why retailers are struggling to bridge the omnichannel gap
The last decade has seen a huge shift in the retail industry with perpetual change and monumental technological advancements leaving behind an incredibly fast-paced, hypercompetitive environment. The modern customer now expects a quick, convenient and seamless experience, regardless of how or where they choose to purchase products. They expect merchants…
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7 FebruaryHigh Street
Warren Evans goes into administration
Bed and furniture retailer Warren Evans has gone into administration putting its 14 stores and one factory at risk. The retailer was looking for a buyer in January and independent advisors Duff and Phelps were appointed to handle the sale with the aim of completing the sale by the end…
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1 FebruaryEntertainment
2,400 jobs at risk again as Toys R Us UK future back in doubt
Toys R Us UK is again under threat amid reports that its US parent company is seeking a buyer for the British business just weeks after securing support for a rescue plan. According to Sky News, Alvarez & Marsal, the company dealing with the US retailer’s bankruptcy protection, has begun…
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Jan- 2018 -29 JanuaryClothing & Shoes
Fashion store East enters administration
Fashion retailer East has entered administrations, with 314 employees at risk of losing their jobs. Reports today said the brand closed 15 stores and five concessions stands in order to ‘off-load’ loss making shops. A tough trading environment, which has seen a high street footfall slump, is one of the…
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22 JanuarySupermarkets
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 supermarket giant has said the plans will “improve efficiency and give line managers clearer accountability for colleague and customer experience”. As part of these changes, the role of people manager…
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