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.
-
Feb- 2018 -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…
Read More » -
1 FebruaryHigh Street
Morrisons to cut 1,500 store manager positions
Morrisons has announced plans to cut more than 1,500 store manager positions across the UK as part of a restructuring. In a statement the supermarket said it will be discussing a proposed restructuring with store management teams and their representatives, in which there would be more customer service colleagues and…
Read More » -
Jan- 2018 -31 JanuaryClothing & Shoes
Hundreds of jobs at risk as M&S announces store closures
Marks and Spencer has announced plans to close 14 of its stores this year in a move which will affect 468 employees. The closures are part of the British retailer’s ‘transformation plan’ aiming to modernise its stores and meet the changing expectations of customers. Six stores will close by the…
Read More » -
9 JanuaryEconomy
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, according to new analysis from Deloitte. This is the first increase in the last five years, as those administrations with more than ten stores rose from 11 in 2016 to…
Read More »