Warrington
This coverage focuses on retail developments in Warrington, highlighting key business movements within the town’s retail sector. Explore updates on new store openings, changes in the retail landscape, local shopping centre performance, and strategic shifts from major retailers. With insights tailored for professionals in retail operations, brand management, and business development, this content provides valuable updates to support decision-making and strategy within Warrington’s retail market.
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Apr- 2024 -19 AprilClothing & Shoes
American Golf’s ‘reset’ helps it return to profit
American Golf has reported that its strategic ‘reset’ has led to a £5.7m increase in EBITDA from a loss of £1.4m in the prior year to £4.3m, one year after the appointment of CEO Nigel Oddy. The group attributed this positive growth to the action it took to control costs…
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Feb- 2024 -20 FebruarySupermarkets
Moody’s ‘cautiously optimistic’ over Iceland’s future despite weak results
Moody’s has said it is “cautiously optimistic” over Iceland Foods’ financial future and prospects of tackling its bond debt, despite the group reporting “weaker” than expected results. According to The Grocer, Moody’s statement, which covers results published to bond holders by Iceland VLNCo, gave an insight into the company’s leverage…
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Jan- 2024 -29 JanuaryNews
Today’s news in brief-29/1/24
The UK experienced a significant increase in business administrations, with the retail sector being the hardest hit, accounting for 19% of the total administrations. This information comes from a study conducted by full-service law firm Shakespeare Martineau. The year saw a total of 1,641 businesses filing for administration, a 22%…
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29 JanuaryHealth & Beauty
THG to cut 160 jobs across three departments
THG has plans to cut 160 jobs across its marketing, sales and warehouse departments, The Times has reported. It is understood that roughly 60 marketing and sales roles are due to be dismissed at the retailer’s online and tech business. In addition, the group plans to cut the remaining 100…
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Sep- 2023 -25 SeptemberOnline & Digital
THG’s £200m HQ sale falls through
THG boss Matt Moulding has reportedly seen his plan to offload the business park which hosts the headquarters of THG, which could have been worth up to £200m, has fallen through. The boss of THG had been in talks with property investor ICG Real Estate of a sale with the…
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Jul- 2023 -6 JulyNews
THG CEO to sell firm’s Manchester HQ
THG CEO Matt Moulding is set to sell the group’s £250m headquarters in Manchester, Drapers has reported. The site was bought by Moulding in 2019 through his private company Moulding Capital and comprises five industrial units and an office. According to a Warrington Council cabinet report, a company named SLBI…
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May- 2023 -31 MayNews
Amazon launches new term-time contracts for parents
Amazon has launched an innovative new contract that offers parents, grandparents and guardians of school-age children the choice to work term-time only. The new contracts guarantee time off for the six-week Summer break, as well as the two-week Easter and Christmas holiday periods, without affecting the comprehensive range of benefits…
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Apr- 2021 -12 AprilClothing & Shoes
Homebase announces Next partnership
Homebase has announced a new partnership with Next in which its gardening products will be brought to selection of the retailers stores. The partnership will see six Homebase garden centres open in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield Next stores. Homebase is also set to open more of its…
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May- 2020 -7 MayDepartment Stores
Debenhams cuts over 1,000 jobs as five stores shutter permanently
Embattled department store chain Debenhams has revealed that five of its stores housed in Intu shopping centres will not reopen post-lockdown, effectively slashing over 1,000 jobs. A Debenhams spokesperson said the retailer will continue to engage in “constructive talks” with its landlords and has agreed terms on the vast majority…
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Apr- 2020 -20 AprilDepartment Stores
Debenhams closes seven stores amid further landlord talks
Debenhams has announced the permanent closure of seven of its stores resulting in the loss of 422 jobs and has entered negotiations with landlords over some of its remaining stores. The department store chain, which entered administration earlier this month, closed seven of its sites including its Westfield Shepherds Bush…
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