All articles by Lisa Berwin – Page 42
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Adams to close 111 stores
Adams Childrenswear will close 111 stores today, creating 850 redundancies, following the collapse of the retail chain.
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Passion for Perfume collapses into administration
Update: Perfume retailer Passion for Perfume has been placed into administration.
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Mosaic in talks to secure its future
Fashion group Mosaic is to begin talks with its lenders in an attempt to secure the future of the business.
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Blooming Marvellous on the brink of administration
Maternity specialist Blooming Marvellous is the latest retailer to be teetering on the brink of administration, according to reports.
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M&S expected to report worst Christmas trading in a decade
The new year will bring little cheer for retailers with Marks & Spencer expected to report its worst Christmas trading performance in a decade.
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11th hour Woolworths deal could save 125 stores
The fate of Woolworths is now hanging on a 30 million deal that could see the failed chain stay on the UK high street in 125 stores.
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Tesco to launch £100 million sale on Boxing Day
Tesco is the latest in a long line of retailers to announce its biggest ever sale.
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Allied Carpets put up for sale
Allied Carpets has been put up for sale by its French owner, which is seeking an exit from the struggling UK high street.
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The Officers Club chief executive rescues chain from administration
Menswear chain The Officers Club has been rescued from administration by its chief executive Dave Charlton.
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Whittard bought out of administration in pre-pack deal
Whittard of Chelsea has been rescued by private equity group Epic in a pre-pack administration deal.
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Debenhams post-Christmas Sale to be 'biggest ever'
Debenhams has unveiled plans for its biggest ever Sale with thousands of products up to 70 per cent off across its stores.
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Cosmetics sales rise as women turn to smaller purchases
Cosmetics sales at companies such as L'Or al have surged as the economic downturn drives women to forgo larger purchases and instead treat themselves to smaller items.
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JJB shuts five Qube stores
JJB Sports has closed five of its Qube stores as turmoil for the struggling chain continues to mount.
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£100 million Christmas day spend expected online
Shoppers are expected to spend over 100 million on Christmas day this year with 5 million people set to go online.
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Farepak customers still waiting for compensation
Customers of collapsed Christmas hamper group Farepak will have to wait till next year to receive compensation from its liquidators.
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Mixed reports on crucial weekend trading
There have been mixed reports this morning about weekend trading that retailers hoped would bring a last minute Christmas rush onto the high street.
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Poundland to open more stores
Poundland plans to open a further 35 stores in its next financial year as it continues to benefit from the consumer downturn.
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Big loss for Arcandor as Karstadt costs soar
Arcandor has revealed full-year net losses of 745.7 million ( 663.7 million), as restructuring and tough trading at its department store chain Karstadt continued to pull down the German group’s earnings.
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Topshop extends contract with Kate Moss
Topshop has extended its contract with model Kate Moss for her eponymous clothing range.
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Printemps evacuated after bomb threat
Parisian department store Printemps had to be evacuated today after explosives were found in the famous shop.