All Insolvency & administration articles – Page 19
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NewsBargain Booze owner Conviviality enters administration
Conviviality has formally entered administration as the beleaguered business continues to seek buyers for its retail division.
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AnalysisAnalysis: How landlords can better support retailers
In what is being dubbed the year of CVAs for retailers, what can landlords do to help them in the digital age?
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AnalysisConviviality: The inside story of its dramatic collapse
As remarkable as it sounds given the benefit of hindsight, at the beginning of the year Conviviality was one of the darlings of the City.
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NewsUpdated: Conviviality to enter administration
Conviviality intends to appoint administrators within 10 business days after failing to raise the £125m it needed to secure its future.
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NewsMaplin sale hopes fade as retail rivals circle stores
A clutch of retailers are circling Maplin’s store estate as its hopes of securing a rescue deal rapidly evaporate.
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OpinionOpinion: Focus on selling well, not price, to survive
It’s only March and we can already see the pressure mounting across retail. The list of distress is already long enough – Mothercare, New Look, Toys R Us, Maplin.
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NewsMaplin administrators draft in GCW to aid sale efforts
Maplin’s administrators have drafted in commercial property experts GCW to advise on the collapsed retailer’s portfolio as they ramp up efforts to secure a sale.
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AnalysisAnalysis: Lessons from Maplin and Toys R Us’ collapse
The air of inevitability about Toys R Us and Maplin’s collapse into administration can teach other retailers a great deal.
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NewsMaplin and EWM race to secure rescue deal
Maplin’s negotations with potential buyer Edinburgh Woollen Mill have reached a standstill despite the imminent prospect of administration.
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NewsMaplin in talks with EWM as it races to secure sale
Maplin is understood to be in crunch talks with potential new suitors, including Edinburgh Woollen Mill, as the struggling electricals firm urgently seeks a “solvent sale”.
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NewsToys R Us UK on brink due to £15m tax bill
Toys R Us UK is reportedly searching for a rescue deal to prevent it from falling into administration at the end of the month.
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NewsBeds firm Warren Evans collapses into administration
Beds specialist Warren Evans is the latest furniture retailer to have slumped into administration.
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NewsPensions Regulator bills ex-BHS owner Chappell £10m
The Pensions Regulator has billed former BHS owner Dominic Chappell £10m in an effort to recover money owed to the collapsed retailer’s pension scheme.
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NewsEast enters administration for third time in four years
Fashion retailer East has collapsed into administration for the third time in just four years.
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NewsToys R Us creditors throw retailer a lifeline
Toys R Us creditors have voted in favour of the toy retailer’s survival plan, averting the immediate threat of administration.
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NewsToys R Us future in doubt as PPF blocks survival plan
The future of Toys R Us in the UK has been plunged into doubt after the Pensions Protection Fund (PPF) said it would block the retailer’s proposed restructuring plan.
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NewsPoundland seeks to reassure staff as Steinhoff reels
Poundland has sent a statement to its employees insisting that despite its credit cover being downgraded it expects “no impact on the business in terms of supply”.
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NewsMultiyork starts wind-down with first wave of job cuts
Multiyork administrators have begun a managed wind-down process, which entails making 112 redundancies at the retailer’s Thetford headquarters.
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NewsPalmer & Harvey administration leaves 2,500 jobless
Wholesaler Palmer & Harvey has collapsed into administration, causing 2,500 redundancies and leaving another 900 jobs at risk.
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NewsFeather & Black follows Multiyork into administration
Feather & Black has tumbled into administration just a week after its stablemate Multiyork, putting 123 jobs at risk.