Office Outlet Enters Administration: 1,200 Jobs at Risk
Lead: "Office Outlet, once known as Staples, has entered administration, putting 1,200 jobs at risk. The stationery retailer's collapse...
Deloitte
Links of London on the Brink of Collapse
British jewelry brand Links of London teeters on the brink of collapse, with reports indicating that the company is...
UK Retail Insolvencies Surge: Administrations and CVAs on the Rise
In 2018, retail insolvencies increased by 6% compared to 2017, with 125 retailers entering administration and a 52% rise...
Record Discounting Expected for Pre-Christmas Shopping in 2018
UK consumers are enjoying record-high pre-Christmas discounts of 43.6% on average, according to Deloitte's analysis of over 800,000 products....
Sports Direct Faces Challenges in Finding a New Auditor
In a surprising turn of events, EY, KPMG, and PwC have all declined to take on an audit for...
Office Outlet Seeks Rent-Free Period and Store Closures in CVA Proposal
TV Anchor: Tonight, stationery retail chain Office Outlet is expected to announce a Company Voluntary Agreement (CVA) that may...
Poundworld to Close All Stores Amid Failed Rescue Bids
Poundworld is set to close all 190 stores by August 10th after administrators Deloitte failed to find a buyer...
Poundworld’s Administrators Announce Closure Plans and Job Losses
Poundworld's administrators, Deloitte, have announced the closure of its distribution center on July 20th, affecting 907 employees. Additionally, 78...
Poundworld Administrators Announce More Store Closures, Total Reaches 145
Poundworld administrators, Deloitte, reveal another round of store closures, bringing the total to 145. This latest closure affects 40...
Poundworld Announces Additional 80 Store Closures
Poundworld administrators, Deloitte, reveal an additional 80 stores set to close, following the announcement of 25 earlier this month....