Quiz Places Loss-Making Stores into Administration, Seeks Flexible Leases
Quiz, a fashion retailer, is placing its loss-making stores into administration to protect the company's future. The decision affects...
KPMG
Intu Places KPMG on Standby Amid Financial Struggles
Intu, owner of major shopping centers like Lakeside and Manchester's Old Trafford, is reportedly preparing for potential administration as...
Debenhams on the Brink of Administration for Second Time Amid Covid-19 Crisis
Debenhams, the struggling department store chain, is reportedly set to enter administration for the second time in a year...
UK Economy Contracts 2.6% Amid Covid-19 Pandemic, KPMG Predicts Recovery in 2021
In KPMG UK's latest Economic Outlook, the Covid-19 virus is predicted to cause the UK economy to contract by...
Beales Department Store Chain to Close Remaining Stores
In a recent announcement, Beales department store chain plans to close its remaining 11 stores and liquidate stock. The...
UK Company Administrations Up by 5% in 2019: KPMG Analysis
In 2019, the number of companies falling into administration in England and Wales increased by nearly 5%, with a...
Beales Announces Job Cuts Amid Administration, Seeks Going Concern Sale
Embattled department store chain Beales has announced 32 job cuts at its head office in Bournemouth, just two weeks...
Beales Department Store on the Brink of Administration
Embattled department store chain Beales is on the verge of appointing KPMG as administrators, putting 1300 jobs at risk....
Beales Department Store on Brink of Collapse, Threatening Over 1000 Jobs
In a shocking turn of events, iconic department store Beales warns it's on the verge of collapse, putting over...
Mothercare Seeks Advisory Help from KPMG Amid Financial Struggles
Mothercare hires KPMG to assess options for its struggling retail business, including potential sale or CVA; CEO Mark Newton-Jones...