All Insolvency & administration articles
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NewsBestway turns to CVA for some stores as it reaches impasse with landlords
Bestway Group has reportedly turned to a company voluntary arrangement (CVA) for some of its off-licences, after reaching an impasse with landlords over leases.
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NewsDobbies has confirmed store closures after restructuring plan approved
Dobbies has confirmed it will close several garden centres after its restructuring plans were approved.
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NewsThe Range is circling a chunk of Homebase in a pre-pack deal
The Range is circling a deal with Homebase to snap up a chunk of the business that will save almost 1,500 jobs.
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NewsVictoria Plum to cease trading after it makes £2m loss in four months
Victorian Plumbing is set to close the Victoria Plum business it acquired in May, after it made a nearly £2m loss in four months.
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NewsThe Body Shop has been rescued
More than 100 Body Shop stores have been rescued from shuttering after a rescue deal was struck for the struggling chain.
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AnalysisA year since its collapse, where should Wilko focus to win back customers?
It’s been one year since value retailer Wilko fell into administration, which saw the beloved high street chain close 400 stores and cost 12,000 people their jobs.
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NewsJohn Lewis steps in to help bust retailer The Floor Room’s staff and customers
John Lewis is offering assistance to customers and staff who were formerly John Lewis partners impacted by the collapse of The Floor Room, Retail Week can reveal.
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NewsTed Baker is closing its remaining stores with 500 jobs at risk
The last of the Ted Baker stores in the UK and Ireland are expected to close this week with more than 500 jobs at risk.
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NewsVictorian Plumbing plans to shutter the rival firm it bought only months ago
Victorian Plumbing has told staff at the rival firm it bought just months ago that it’s shuttering the business and putting over 100 jobs at risk, Retail Week can reveal.
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NewsAvon has filed for bankruptcy as it aims to offload millions in debt and lawsuits
Avon’s parent group, Avon Products, has filed for bankruptcy following mounting debt and lawsuits alleging talcum powder in its products causes cancer.
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NewsCarpetright sister business The Floor Room has collapsed into administration
Carpetright’s sister brand, which trades out of John Lewis stores, has collapsed into administration with the loss of 200 jobs.
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InterviewQ&A: Greggs boss Roisin Currie on price rises, new stores and taking on McDonald’s
Greggs chief executive Roisin Currie talks inflation and prices rises, looking at former Carpetright and Ted Baker stores, winning share from the fast-food giants and whether the Euros and Olympics have prompted an uptick in spend
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NewsTed Baker’s high street presence at risk as administrator plans to close all stores
Ted Baker could disappear from the high street once and for all as administrators gear up to close all its stores in the coming weeks.
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Opinion‘There’s a grim irony in Carpetright’s collapse, but don’t blame founder Lord Harris’
Carpet king Lord Harris built Carpetright, then went into business against it. As Tapi takes control of Carpetright assets from the administrator, some may see Harris as a Brutus figure – but that would be wrong, says George MacDonald
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NewsTapi has bought Carpetright but many jobs and stores are still at risk
Carpetright has been rescued from collapse by rival carpet and flooring retailer Tapi – but hundreds of stores are expected to close, leaving many jobs at risk.
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NewsThe Body Shop may emerge from administration in August
The Body Shop may come out of administration in August as prospective new owner Auréa takes charge of developing a long-term growth plan.
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AnalysisThe Body Shop: Who are the new prospective owners and what do they mean for the chain?
As The Body Shop enters an exclusivity agreement with investment firm Auréa, Retail Week takes a closer look at its prospective new owners and what a potential takeover could mean for the troubled beauty chain.
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NewsThe Body Shop is on the brink of being saved by a British tycoon led investment firm
Administrators of The Body Shop have entered into an exclusivity agreement with a consortium led by investment firm Auréa to secure the future of the beauty chain in administration.
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NewsCarpetright is on the brink of administration with 2,000 jobs at risk
Carpetright is likely to be sold in a pre-pack administration as it teeters on the brink of collapse, putting around 2,000 jobs at risk.
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NewsA British tycoon is nearing a deal to buy The Body Shop
A British Tycoon is said to be close to securing a deal to buy The Body Shop out of administration.