Boohoo’s Acquisition of Karen Millen and Coast Puts 1,100 Jobs in Jeopardy
Online retailer Boohoo acquires British brands Karen Millen and Coast, saving their online businesses but leaving 1,100 staff at...
redundancies
Asos Faces Third Profit Warning Amid Operational Issues
Asos, an online retailer, has issued its third profit warning this year due to "operational issues" affecting profits. The...
Shop Direct Considers Job Cuts Amidst Transformation Strategy
In a bid to streamline operations, Shop Direct, the parent company of online retailers Very and Littlewoods, is consulting...
M&Co Announces Head Office Job Cuts Amid E-commerce Focus Shift
M&Co, a clothing retailer, plans to cut 59 jobs from its London and Inchinnan head offices as it shifts...
Crew Clothing Acquires Saltrock Surfwear in Pre Pack Administration Deal
Saltrock Surfwear, a Devon-based leisurewear retailer, has been sold to Crew Clothing Group through a pre pack administration process....
Amazon Targets Empty Homebase Stores for Expansion Amid Warehouse Shortage
Amazon aims to purchase empty Homebase stores from owner Hilco to boost delivery capabilities due to a UK warehouse...
Homebase Closes 42 Stores, Cuts 1,500 Jobs
DIY retailer Homebase announces closure of 42 stores, leading to around 1,500 job losses. The company, recently bought by...
UK Retail Sector Faces Job Cuts Amidst Challenging Climate
In a shocking revelation, new research by the British Retail Consortium (BRC) reveals that nearly 20% of UK retailers...
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...