Maplin
This coverage examines Maplin’s activities, strategy, and role in the UK retail sector, with a focus on its transformation from high-street electronics chain to an online-led business. Reporting covers its operational changes, ownership developments, brand positioning, and efforts to adapt to shifting consumer and market demands. Retail executives and managers can gain insight into the challenges and opportunities faced in reviving and repositioning a specialist retail brand.
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Mar- 2018 -9 MarchHigh Street
Valentine’s Day sales fall for fifth year in a row
Valentine’s Day like-for-like in-store sales fell by -1.6% in February, according to the BDO High Street Sales Tracker. The poor performance comes from a weak benchmark of -2.2% for the same period last year and is a further blow to a struggling high street which has seen the collapse of…
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1 MarchHigh Street
Carpetright shares dive following profit warning
Shares in Carpetright have dropped by more than a quarter following a refreshing profit warning. The group announced that trading conditions in the weeks since 19 January have ‘remained difficult’. Shares fell by 24% in early trading, having fallen by over 60% over the past 12 months. Like-for-like sales have…
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Feb- 2018 -28 FebruaryElectrical
Maplin and Toys R Us go into administration
Toys R Us and Maplin have both entered administration today, as last minute attempts to save the retailers collapsed. Toys R Us was facing a £15m VAT bill, however poor sales has meant it was unable to pay the debt. All of toy retailer’s 106 stores will continue to trade…
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28 FebruaryElectrical
Maplin and Toys R Us set to go bust today
Maplin and Toys R Us are reportedly facing collapse today (28 February) after failing to secure buyers. Maplin employs 2,500 staff across its 200 stores in the UK, while Toys R Us employs 3000 staff in its 106 stores. The American owner of Toys R Us filed for bankruptcy last…
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27 FebruaryElectrical
Maplin rescue talks falter as deadline approaches
Maplin is rushing to find new capital to save it from falling into administration, with talks with a potential buyer stalling. According to Sky News, the electronics retailer is locked in talks with its potential buyer Edinburgh Woollen Mill (EWM) – the high street empire that includes Jaeger and Dorothy…
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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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Jan- 2018 -30 JanuaryElectrical
Maplin introduces ‘order now, pay later’ scheme
Maplin has introduced a new scheme that allows it customers to spread out the cost over time or even pay later for items ordered online. The technology retailer has partnered with financial technology supplier Klarna to use their Pay Later and Slice it services. Pay later enables online and mobile…
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