Shoe Zone Closes 20 Stores Amidst COVID-19 Impact and Losses
Shoe Zone, a footwear retailer, has announced it won't reopen 20 stores after lockdown, leading to job losses. The...
losses
Primark Withholds Rent on Closed Stores Amid UK Lockdown Impact
Primark, unable to sell online due to store closures, is withholding quarterly rent on its UK stores in an...
Mothercare Faces Financial Crisis with Widening Losses and Store Closures
Embattled retailer Mothercare reports £21.2m losses before tax in its half-year trading update, citing declining worldwide sales of 8.4%...
New Look’s Losses Narrow Amidst Uncertainty: A Turning Point?
In its half-year results, New Look reports a narrowed loss of £11.2 million amid ongoing uncertainty affecting sales. This...
Select Retailer Owes Creditors £53m After Administration
Select Fashion Retailer Owes £53.1 Million to Creditors and HMRC: In May, Select, a fashion retailer, filed for administration...
Gear4music Reports Losses Despite Revenue Spike
Gear4music, a music equipment retailer, reported losses before tax of £600,000 for the 13 months ending March 2019, with...
Select Fashion Retailer on the Brink of Administration
Fashion retailer Select, with around 180 UK stores and 2,000 jobs at risk, is set to enter administration within...
Jack Wills Sells Four Stores Amid Losses, Seeks Cheaper Locations
Jack Wills, the fashion retailer, is selling four stores due to a store expansion that resulted in an underlying...
Bonmarché Shares Plummet Amid Brexit Uncertainty and Profit Warnings
Bonmarché shares plummeted 50% today after revealing expected losses of £4 million this year due to Brexit uncertainty affecting...
Carpetright Reports £11.7m Loss Amidst Restructuring Woes
Embattled retailer Carpetright reports a staggering £11.7 million loss before tax for the 26 weeks ending October 26, 2018,...