Capital and Regional: Shopping centre owner says footfall on the rise thanks to demand for bargain goods March 8, 2024 The Mall Wood Green owner Capital and Regional has reported a slight uptick in footfall across its shopping centres driven by a demand in customers shopping at discount stores.
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.
Christie: Hospitality services group ‘improved’ after Wilko-affected torrid year February 15, 2024 Since August 2023 its share place dropped dramatically from 147.5p to 110.0p per share, representing a 27.27 per cent share decline overall in the last 12 months.
The Body Shop prepares to slash jobs and close stores as administration confirmed February 13, 2024 Hundreds of jobs are expected to be lost and stores closed as The Body Shop officially entered administration.
B&M: Discount retailer enjoys rewards of cost-of-living Christmas January 9, 2024 B&M Bargains enjoyed a buoyant Christmas, reporting a five per cent leap in revenues during the golden quarter.
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.
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.
Pepco: Poundland owner ‘cautiously optimistic’ despite ‘disappointing’ profits December 12, 2023 The owner of Poundland, Pepco said it was cautiously optimistic for the year ahead, as it recorded a 17.1 per cent surge in revenues for the full year to €5.6bn – despite profit problems mounting. Demand for budget goods has surged amid the cost of living crisis as shoppers seek out cheaper alternatives, according to [...]
How Wilko is returning to high streets just months after its dramatic collapse December 1, 2023 Wilko has returned to the high street with two new shops just months after the collapse of the historic retail chain. On Friday, the brand opened stores in Plymouth and Exeter as it relaunched following its dramatic failure. Earlier this year, the retailer shut its 400 UK shops after tumbling into administration in the face [...]
Wilko ‘ran out of cash’. Former boss apologies to staff over collapse of chain November 28, 2023 The former boss of Wilko, Lisa Wilkinson, was pushed to offer an apology to the staff of the now-collapsed high street chain and admitted that she let her employees down.