Carpetright: All you need to know ahead of redundancies and store closures Retail Carpetright has become the latest household name to fall into insolvency following the likes of The Body Shop, Ted Baker and online luxury fashion retailers Matches and Farfetch earlier this year.
The Body Shop: What next for high street icon as tycoon eyes rescue deal? Retail The future of collapsed high street icon The Body Shop could be decided in the next two weeks as it emerged that British tycoon Mike Jatania was in exclusive talks to rescue the brand.
Clintons: Card giant axes stores and hundreds of staff as it slips back into the red RETAIL Gift card giant Clintons has fallen back into the red after laying off hundreds of staff and closing more than 50 UK stores, as its owners grapple with its customers' changing shopping habits.
Royal Mail: Has privatisation delivered success for crown jewel as £3.5bn takeover looms? June 2, 2024 A decade after it was privatised, Royal Mail is poised for another major shake up - but how has it fared since its last sale?
Bank of Georgia posts solid earnings amid political turmoil May 30, 2024 Eastern Asian lender Bank of Georgia saw its profit, customer numbers and interest income soar in the first quarter of this year, a period in which the bank also completed on its acquisition of the Armenian retail lender, Ameriabank.
National service will damage the economy May 30, 2024 Forcing every 18-year-old into unpaid national service will harm our already decimated hospitality, retail and leisure sectors
Losses mount for Lebanese restaurant group Comptoir May 21, 2024 The group behind Lebanese restaurants Comptoir Libanais and Yalla Yalla has reported losses of £1.6m, following what bosses describe as a year of “erratic” footfall and soaring costs.
The Works hoping to return to profit growth following challenging year May 21, 2024 Discount books and crafts supplier The Works is hoping to deliver more than £8m in profits next year, following a challenging 12 months in which it closed dozens of shops across the UK.
Will it work? Labour’s plan to reconceptualise the high street April 25, 2024 In this column Sam Fowles take policies on their own terms. This week he asks whether Labour's plan to revive the high street will work.
Shein still keen to buy Topshop from Asos April 18, 2024 Fast-fashion disruptor Shein is reportedly still interested in buying Topshop from Asos, the former golden egg of Philip Green’s now collapsed Arcadia empire.