Store Estate

Joules 18% sales boost defies high street blues

Clothing retailer Joules has announced a rise in revenue for the year up to May 27 of 18% on figures…

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House of Fraser to shutter 31 stores

Embattled department store chain House of Fraser has announced it is to close 31 stores as part of its CVA…

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M&S profits dive 62% for full year

Marks and Spencer has reported a 62.1% drop in pre-tax profit for the year ending March 2018, amid an ongoing…

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Revealed: M&S names stores to shutter

M&S has announced the next tranche of UK stores proposed for closure or set to close as it reshapes its…

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Carpetright to issue shares to raise £60m fund ahead of CVA

Carpetright is to launch a proposed share issue in order to raise around £60m to help fund its restructure and…

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Mothercare to shut 50 shops and restore CEO Mark Newton-Jones

Mothercare has announced as part of a Company Voluntary Agreement (CVA) it will shut 50 of its 137 stores with…

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Mothercare reports drop in Q4 like-for-like sales

Embattled retailer Mothercare has revealed its UK like-for-like sales declined by 2.8% in the group’s Q4 results. However, online sales…

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Rise in profits for Central England Co-operative despite “challenging trading environment”

Central England Co-operative has announced its year end results, to 27 January 2018. Gross sales and operating profit were up…

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New Look’s CVA to shut 60 stores with 980 jobs axed

Clothing and fashion retailer New Look is set to close 60 out of its total 593 stores, alongside a further…

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New Look announces CVA proposal, 980 staff at risk

Clothing chain New Look has announced company voluntary agreement (CVA) proposal that will look to close up to 60 stores,…

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