Swindon
This coverage examines retail developments and regeneration efforts in Swindon, a town navigating significant transformation amid broader UK retail challenges. This information is curated for retail professionals assessing market opportunities, urban regeneration impacts, and the evolving retail landscape in Swindon.
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Sep- 2018 -25 SeptemberDepartment Stores
Three further House of Fraser stores to shutter due to ‘greedy landlords’
House of Fraser has announced it is to close three further stores in Hull, Edinburgh and Swindon, with new owner Mike Ashley saying he was unable to agree terms with “greedy landlords”. The retailer is currently in consultation with staff at the affected stores, and said its Bath store was…
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Aug- 2018 -20 AugustDIY
Amazon ‘aggressive bidders’ for empty Homebase stores
Retail giant Amazon is looking to purchase empty Homebase stores from new owner Hilco in order to help increase its delivery capabilities. According to the Telegraph the online retailer is seeking to purchase the stores due to a shortage of warehouse stock in the UK, forcing retailers to look for…
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14 AugustDIY
42 Homebase stores to face the axe
DIY retailer Homebase has announced the closure of 42 stores, resulting in around 1,500 redundancies. The DIY chain has already closed 17 stores after it was bought out by restructuring experts Hilco for £1 in May, and is said to be filing for a CVA. Insolvency advisors Alvarez & Marsal…
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8 AugustDIY
80 Homebase stores to shutter affecting 1,000 jobs
Homebase will announce the closure of 80 stores next week resulting in the loss of 1,000 jobs. The DIY chain has already closed 17 stores after it was bought out by restructuring experts Hilco for £1 in May, and is said to be filing for a CVA. Insolvency advisors Alvarez…
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Jul- 2018 -17 JulyHigh Street
Another 40 Poundworld stores to shutter
The administrators of Poundworld, Deloitte, have announced yet another wave of store closures bringing the total number of shuttered stores to 145 so far. The latest closure of 40 stores will result in redundancies for 531 employees when the properties shut on Tuesday 24 July 2018. The news follows the…
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Jun- 2018 -22 JuneDepartment Stores
House of Fraser CVA approved by creditors, 31 stores to close
House of Fraser has announced that its Company Voluntary Arrangement (CVA) proposals have been approved by the company’s creditors in a final agreement that will see 31 stores close. The creditors’ meetings were held at 10am today and the company with both CVA proposals were approved. House of Fraser said…
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12 JuneClothing & Shoes
Henri Lloyd to slash 128 jobs despite coming out of administration
Henri Lloyd is to be brought out of administration by a company called Aligro UK Limited, and it will continue to trade from stores in Salcombe, Dartmouth, Cowes, Cheshire Oaks and Lymington. The stores kept open will save 38 jobs, however 128 jobs in total will be axed as stores…
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Jan- 2018 -4 JanuaryUncategorized
Poundstretcher fined £1m for Health & Safety Breaches
Poundstretcher has been fined £1m for violating health and safety regulations at three of its stores. Following three separate investigations, Poundstretcher in Trident Business Park, Leeds Road, Huddersfield, was convicted for a series of breaches of the Health and Safety at Work etc Act 1974. The counts, which included…
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