All Insolvency & administration articles – Page 17
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CartoonRetail cartoon: HMV gets a new master?
Patrick Blower’s take on reports that HMV is the latest struggling retailer on Mike Ashley’s shopping list.
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NewsSports Direct's Mike Ashley in rescue bid for HMV
Sports Direct tycoon Mike Ashley has emerged as one of the suitors bidding to rescue HMV from administration.
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NewsMahabis bought out of administration by YYX Capital
YYX Capital have bought upmarket slippers brand Mahabis out of administration.
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News'Several' offers made for HMV, KPMG says
Administrators KPMG today said several offers have been put forward for the 97-year-old high street stalwart.
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NewsSears chairman ‘buys chain for $5.2bn' in bankruptcy auction
Sears chairman Eddie Lampert has rescued the business after triumphing in a bankruptcy auction with a takeover bid of around $5.2bn (£4bn).
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NewsSteamer Trading Cookshop rescued in pre-pack deal
Steamer Trading Cookshop has been bought out of administration by rival kitchenware specialists ProCook, Retail Week can reveal.
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NewsRetail CVAs increase seven-fold in 2018
The number of large retailers launching company voluntary arrangements (CVAs) increased seven-fold last year, according to Deloitte.
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NewsHMV enters administration amid 'tsunami' of challenges
HMV has slumped into administration for the second time in six years, blaming its collapse on a “tsunami” of retail challenges.
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NewsSears files for bankruptcy as debt pile mounts
Sears has filed for bankruptcy protection after buckling under the weight of falling sales and a $134m (£102.1m) debt payment.
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NewsCoast collapses into administration, 300 jobs at risk
Coast has tumbled into administration following “difficult trading conditions”, putting 300 jobs at risk.
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NewsMaplin creditors braced for huge losses
Maplin’s creditors will receive just a fraction of the cash they are owed following the electricals specialist’s collapse into administration.
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OpinionDividing opinion: The case for and against CVAs
If the last eight months are anything to go by, 2018 is shaping up to be the year of the CVA.
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NewsOffice Outlet CVA approved by creditors
Office Outlet will shutter four of its stores, with the loss of almost 50 jobs, after creditors unanimously approved its CVA.
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NewsHomebase to axe 42 stores as creditors approve CVA
Homebase has been given the green light to shut 42 of its stores after its CVA plan was approved by creditors.
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NewsHouse of Fraser warehouses close again amid XPO row
House of Fraser’s distribution centres have closed for a second time amid the ongoing row between new owner Mike Ashley and XPO Logistics.
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NewsUpdated: Homebase names 42 stores for closure
Homebase intends to shut 42 stores, putting 1,500 jobs at risk, as part of its turnaround push.
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NewsBHS auditor PwC slammed in damning watchdog report
Financial accounts of failed department store chain BHS contained “incomplete, inaccurate and misleading” statements following failings by auditor PwC, a new report has ruled.
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NewsHouse of Fraser calls in administrators as rescue talks fail
House of Fraser has tumbled into administration after last ditch talks to save the business collapsed.
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NewsPoundworld: 80 more stores and 1,000 jobs to go
Poundworld administrators will close another 80 stores next week, on top of the 25 already set to close this weekend.
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NewsPoundworld's founder drops his rescue bid
Poundworld founder Chris Edwards has ditched talks to rescue the business, pushing more than 5,000 jobs closer to the precipice.