Arcadia Creditors Approve CVAs, Retailer to Close Stores and Pay Extra to Pension Fund
Arcadia Group, one of Britain's largest retailers, has secured approval for its company voluntary arrangements (CVAs) from creditors, allowing...
creditors
Debenhams Seeks 50% Business Rates Cut Amid CVA Proposal
Embattled department store Debenhams plans to ask 30 local authorities for a 50% reduction in its business rates bill...
Fashion Retailer Select Faces Administration, Threatening 2,000 Jobs
Fashion retailer Select, with 2,000 jobs at stake, is on the brink of appointing administrators, as revealed by Retail...
Paperchase’s CVA Proposal Approved by Creditors: Store Rent Reductions and Restructuring Plans Ahead
TV Anchor: In a major development, Paperchase's creditors have approved its proposed company voluntary arrangement (CVA), allowing the stationery...
Arcadia Group Considers Restructuring, Job Losses and Store Closures Possible
Sir Philip Green's Arcadia Group is set to reveal a Company Voluntary Agreement (CVA) in weeks, potentially leading to...
Creditors Evaluate House of Fraser Takeover Bids Today
In a dramatic turn of events, House of Fraser's future hangs in the balance as creditors weigh takeover bids...
Deloitte Defends Administration Process Amid Poundworld’s Struggles
Poundworld founder Chris Edwards accuses Deloitte of mishandling the company's administration, claiming it has made saving the business more...
Mattressman’s Inaccurate Accounts Lead to CVA and Store Closures
Mattressman, a UK bed retailer, has entered into a Company Voluntary Agreement (CVA) due to incorrect management accounts that...
House of Fraser’s CVA Approved: 31 Stores to Close Amid Restructuring Plan
In a major development, House of Fraser's Company Voluntary Arrangement (CVA) proposals have been approved by the company's creditors,...
Mothercare’s CVA Plan in Jeopardy Due to Vote Mishap
In a shocking turn of events, Mothercare's plan to save its Children's World company from financial troubles through a...