All Store Twenty One (QS) articles
Store Twenty One was a UK discount clothing and homewares retailer until it entered into liquidation in 2017. It was founded in 1932 by Grabal Alok, the Indian-owned textile manufacturer that bought parts of the QS Stores (formerly Quality Seconds) and Bewise chains that went into administration in 2006.
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News
A sterling silver lining for retail in pound’s fall
The depreciation of the pound hit many retailers where it hurts in terms of sourcing costs – but there’s an upside in the form of bargain hungry tourists.
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News
Revolving doors at Topshop and Sainsbury’s Argos
It’s all change at the top for two of the UK’s biggest retailers today as Sir Philip Green appoints a new boss for Topshop and Bertrand Bodson leaves Sainsbury’s Argos.
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News
Today in retail: A tale of two discounters
The varied fortunes of value retailers were brought into stark relief today by Store Twenty One and Aldi.
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Store Twenty One collapses into liquidation
Store Twenty One has collapsed into compulsory liquidation, sparking the loss of 900 jobs.
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Store Twenty One given more time as it sells head office
Store Twenty One has won a stay of execution after a court allowed it two more weeks to raise the money needed to avoid administration.
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Store Twenty One teeters on brink of administration
Store Twenty One has filed a notice of intention to appoint administrators after defaulting on rent payments, Retail Week can reveal.
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Store Twenty One close to missing rent payments
Store Twenty One is understood to be in talks with its lender over its quarterly rent payments, which could push the retailer into administration if unpaid.
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News
Breakfast briefing: Jones Bootmaker, Tesco and more
Retail news round-up: Endless saves Jones Bootmaker, Tesco to pay huge fine over accounting scandal, and Booths opens first store in Malaysia
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Analysis
From Chelsea Girl to River Island: 11 retail rebrands
Last month both Staples and Games Workshop unveiled new monikers across their entire estates. Retail Week looks at other retail rebrands over the years.
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News
Store Twenty One staff accuse retailer of failing to pay wages
Store Twenty One staff have laid bare a retailer allegedly unable to pay employees, who say they are trapped and angry due to their precarious employment.
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Analysis
Infographic: Frank Field on Sir Philip Green plus the latest retail stats
The week in words and numbers, July 29, 2016: Field slams Green, Store Twenty One shops close and Sainsbury’s to fulfil same-day deliveries.
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News
Store Twenty One expected to shut nearly 80 stores as CVA approved
Store Twenty One’s creditors have approved a company voluntary arrangement (CVA) that will result in nearly 80 store closures, it is believed.
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News
Store Twenty One opts for CVA as 'competitive' market bites
Store Twenty One has appointed restructuring firm AlixPartners to oversee a company voluntary arrangement (CVA) for the chain.
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News
Store Twenty One winding up petition hearing dismissed
A petition to wind up loss-making Store Twenty One has been dismissed from the Royal Courts of Justice today.
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Store Twenty One faces winding up hearing on Monday
Troubled fashion retailer Store Twenty One has been issued with a winding up petition with a hearing slated for next Monday.
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Opinion
Comment: Discount fashion - when more really is less
News that value-clothing chain Store Twenty One is pleading with landlords for rent reductions should not be entirely surprising.
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News
Troubled Store Twenty One pleads for urgent rent relief
Troubled fashion retailer Store Twenty One has written to its landlords asking for an immediate cut in rent, warning that without help it faces liquidation.
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Restructurers circle Store Twenty One as it closes website
Troubled fashion retailer Store Twenty One, which stocks a range of lingerie by glamour model Katie Price, has attracted the interest of restructuring firms.
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News
Company profile: Store Twenty One
After investing heavily in a rebrand, Indian textiles giant Alok Group, owner of troubled fashion and homewares retailer Store Twenty One, is mulling the possibility of a sale.
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Analysis
Retailers and landlords: Lease conflict time bomb
Retailers and landlords remain in disputes over pre-packs, downscaling, and now monthly rents. Meanwhile, a lease time bomb is ticking, warns Mark Faithfull. However, it could spell good news for retailers.