Analysis: Wilko collapse is the Woolworths of this financial crisis August 10, 2023 The collapse of Woolworths was described as “the first domino of physical retail Armageddon.” Although it might not justify that epithet, the collapse of Wilko shows which way the wind is now blowing.
Which retailers went bust in 2023? December 30, 2023 City A.M takes a look at the biggest retailers which went bust this year — leaving a gaping hole in our high streets and our hearts.
Nearly 120,000 retail jobs lost in 2023, report suggests January 8, 2024 The numbers of jobs lost in British retail dropped last year, but 120,000 people still lost their employment, figures have suggested.
Wilko rumour mill: B&M shares up as takeover whispers gather volume August 15, 2023 Wilko has fallen into administration but rumours are flying that fellow discounters could be circling the stricken retailer
John Lewis pushes turnaround plan back two years as losses narrow September 14, 2023 Losses at John Lewis have shrunk but the struggling retailer warned that its ambitious partnership plans have been pushed back two years.
MPs call on Rishi Sunak to stop delaying audit reform October 29, 2023 A group of MPs and peers have written to the Prime Minister to call on him to include the Audit Reform Bill in King Charles’ state opening of Parliament on Wednesday, November 7.
Luxury kitchen brand Harvey Jones in last-ditch rescue talks as administration looms February 21, 2024 Luxury kitchen company Harvey Jones is having “advanced and encouraging” talks over a possible rescue deal as it bids to avoid collapsing into administration.
FTSE 100 close: Wage growth fuels rate fears as M&S soars and B&M drops on Wilko speculation August 15, 2023 London’s FTSE 100 ended Tuesday down more than 1.6 per cent, as record-breaking wage growth fueled speculation of a 15th straight Bank of England rate hike. The capital’s blue-chip index was down 1.63 per cent by close of play to to 7,384.94, weighed down by listed investment firm Abrdn, down three per cent, alongside Pheonix [...]