All Insolvency & administration articles – Page 6
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NewsAmazon to close online shop Book Depository in latest bid to cut costs
Amazon is set to close its UK-based online store Book Depository at the end of April.
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NewsScrewfix buys spare parts retailer out of administration
Screwfix has bought online spare parts and repair service Connect Distribution Services out of administration.
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NewsCath Kidston owner considering sale
Cath Kidston may be up for sale for the second time in less than a year.
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Opinion‘Does Tile Giant administration signal the end of the DIY boom?’
After a phenomenally busy period when everybody became Handy Andy or Andrea and painted the walls rather than climbed them during the depressing days of lockdowns, things are looking trickier as the consumer mentality shifts from DIY to done-IY.
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NewsTile Giant sold in pre-pack deal with former Topps boss
Specialist retailer Tile Giant has been sold in a pre-pack administration deal.
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NewsTesco buys Paperchase brand leaving future of stores and workers uncertain
Tesco has this morning snapped up stationery retailer Paperchase’s brand and intellectual property, casting a shadow over the future of its workers.
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NewsPaperchase faces collapse as solvent rescue hopes fade
Paperchase is on the brink of collapse as hopes of a solvent rescue deal have faded.
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NewsMade.com to enter voluntary liquidation process
Made.com will be placed into members’ voluntary liquidation to formally wind up the company, a shareholder vote on the future of the company has concluded.
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NewsMade.com customers to be left £12m out of pocket, warn administrators
Tens of thousands of Made.com customers will collectively lose out on £12m worth of deposits made around the time the retailer collapsed into administration.
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NewsFashion marketplace Atterley collapses into administration
Scottish online fashion retailer Atterley.com is in the process of appointing administrators, it has emerged.
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NewsExclusive: Wilko starts tough year on back foot with loss
Wilko swung to a loss at the beginning of the year, as the tail end of lockdowns, supply chain disruption and plummeting consumer demand all took their toll.
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NewsMade.com: Unsecured creditors and suppliers to get just 2% of £187m owed
Hundreds of unsecured creditors to Made.com will receive less than 2% of the £187m owed to them by the collapsed homewares business.
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NewsJoules makes senior team redundancies following administration
Embattled fashion brand Joules has made several senior directors redundant, just a week after it collapsed into administration.
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NewsJoules collapses into administration putting 1,600 jobs at risk
Fashion retailer Joules has collapsed into administration just days after talks over financing broke down putting 1,600 jobs at risk.
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NewsMade.com stock to be auctioned off in bid to recover cash for creditors
Made.com’s administrators have appointed auctioneers to help sell off its remaining stock.
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NewsWilko sells £48m distribution centre as it battles to shore up balance sheet
Wilko has completed the sale and leaseback of one of its distribution centres as it struggles to shore up its balance sheet after a bruising trading period.
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NewsDebenhams administrators rake in more than £7m as fees spike
The administrators of collapsed department store chain Debenhams have raked in almost £2m in fees during the current financial year alone after a hike in fees.
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NewsJoules to appoint administrators after financing talks collapse
Joules has filed a notice of intention to appoint administrators after last-ditch efforts to secure emergency funding collapsed.
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NewsMade.com staff take legal action after being made redundant on Zoom
Made.com employees who found out they were losing their jobs on a Zoom call are to take legal action over the way the redundancies were managed.
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NewsNext to buy Made.com out of administration
Next has struck a deal to rescue embattled homewares etailer Made.com from administration.
