Restructuring
Restructuring in the UK retail sector involves the strategic changes retailers make to strengthen their financial position, streamline operations, and adapt to evolving market conditions. Retail Sector provides comprehensive coverage of restructuring activity, including breaking news on administrations, CVAs, and refinancing deals, alongside expert analysis of the operational and strategic implications. Our reporting helps retail executives, store owners, ecommerce leaders, and supply chain professionals understand how these developments impact the wider retail landscape, offering insights into recovery plans, leadership decisions, and business transformation across physical and digital channels.
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Jul- 2025 -29 JulyFeatures
Claire’s on the brink: can the chain avoid another collapse?
For decades, Claire’s has been the go-to destination for sparkly earrings, scrunchies and ear piercings – a rite of passage for generations of teenagers. But the glitter is starting to fade. The jewellery and accessories retailer, which operates nearly 300 shops in the UK and more than 2,300 worldwide, has…
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28 JulyHigh Street
Pepco calls in advisors to oversee Poundland transition
Pepco Group is reportedly set to draft in advisers to help oversee Poundland’s transition to its new owner, in a process that will lead to store closures and job cuts. According to Sky News, the company has asked FRP Advisory to act as an observer for the move, only weeks…
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25 JulyFeatures
What Sycamore’s $10bn WBA takeover means for the UK high street
A $10bn (£7.4bn) takeover of Walgreens Boots Alliance (WBA) by Sycamore Partners has been officially approved, with 96% of shareholders voting in favour. This decisive vote underscores the significance of the deal, which is poised to transform a major entity at the intersection of retail and healthcare. Expected to close…
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24 JulyClothing & Shoes
River Island at risk of collapse without creditor support
River Island is reportedly at risk of collapse within weeks unless landlords and creditors approve a major rescue plan, according to the Telegraph. The retailer has proposed a restructuring strategy that includes closing 33 stores, reducing rents on 71 more, and writing off debts to avoid a cash crisis. If…
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21 JulyHigh Street
Lakeland owner Hilco in race to acquire Claire’s
Hilco Capital, the high street investor behind Lakeland and a former backer of HMV and Superdry, is considering a takeover of Claire’s UK business, according to Sky News. Banking sources have told the outlet that Hilco Capital, who was a recent contender to acquire Poundland, is among the potential bidders…
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14 JulyHigh Street
Claire’s drafts rescue plan as it faces UK store closures
Jewellery and accessories retailer Claire’s has reportedly brought in advisers to draw up a rescue plan amid fears it may be unable to repay a $480m (£355m) loan that is due in December 2026, according to The Telegraph. The company, which operates nearly 300 shops in the UK and more…
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11 JulyHigh Street
Update: Poundland denies reports of stock shortages
Poundland has denied that it is facing issues to stock certain items following reports major suppliers like Proctor and Gamble and Nestle tightened their credit lines amid uncertainty over the retailer’s future. The retailer called the reports “false” and added that it is has received strong support from suppliers as…
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10 JulySupermarkets
Asda to cut store manager roles in latest restructuring drive
Asda is reportedly looking to cut store manager roles as part of the supermarket chain’s wider effort to revive its performance under chairman Allan Leighton, The Telegraph has reported. It comes after the retailer announced yesterday (9 July) that it will merge two existing in-store management roles – section managers…
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Jun- 2025 -30 JuneSupermarkets
Asda plans to overtake Primark as UK’s biggest clothing retailer
Asda is reportedly planning to overtake Primark as the UK’s biggest clothing retailer, The Telegraph has reported. According to the paper, chairman Allan Leighton believes that the supermarket’s clothing brand, George, can help lead a turnaround for the company. As part of these plans, 100 Asda stores are set to…
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26 JuneClothing & Shoes
Primark to cut 150 roles as part of restructuring plan
Primark is looking to cut around 150 roles across Ireland, the UK and the US, with most of the redundancies expected at its Dublin head office. The job cuts are part of a restructuring proposal to outsource several support function activities to Mumbai-based Accenture, Primark confirmed. The affected roles are…
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