99 Cents Only Faces Liquidation Amidst Retail Challenges
Lead: After facing insurmountable challenges in the retail sector, 99 Cents Only has made the tough decision to liquidate...
liquidation
UK Retail News Roundup: Liquidations, Growth, and Resilience in Challenging Times
Lloyds Pharmacy, now called Diamond DCO Two Limited, has entered voluntary liquidation owing £293m to 514 creditors. The company...
New CEO for Morrisons, Property Federation’s proposal, Asda’s revamp, People Tree liquidation, and Poundland’s expansion plans
Morrisons announces Rami Baitiéh as new CEO, taking over from David Potts in November; Carrefour France veteran set to...
People Tree Liquidates UK Business: £8.5m in Debts Owed to Creditors
People Tree, a sustainable fashion brand, is reportedly putting its UK business into liquidation with over £8.5 million in...
Chinese Clothing Brand Acquires Cerruti 1881 and Kent and Curwen for £83m
Chinese golf clothing brand Biem.L.Fdlkk Garment acquires French fashion label Cerruti 1881 and British menswear brand Kent and Curwen...
Made.com Proposes Liquidation Vote for Shareholders
In a shocking turn of events, Made.com's board has proposed winding up the business through voluntary liquidation. This move...
Frasers Group Acquires Iconic Tailor Gieves and Hawkes
In a recent development, Sports Direct owner Frasers Group has secured a deal to acquire the historic Savile Row...
Arcadia Group Liquidation: Mazars Appointed as Administrators
In a recent development, accounting firm Mazars has been appointed as the liquidators for Sir Philip Green's failed retail...
JD Sports Exits Rescue Talks with Debenhams, Thousands of Jobs at Risk
JD Sports pulls out of rescue deal talks for Debenhams today, leaving 12,000 jobs at risk; Arcadia's collapse may...
Debenhams Faces Deadline for £300m Rescue Deal as Bidders Consider Options
In a race against time, potential suitors for struggling department store chain Debenhams have been given until midweek to...