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Retail Update - October 2018
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Posted At: 22 October 2018 14:21 PM
Related Categories: Retailer At Risk, Store Closures |
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Continuing the pattern of the year, the retail world is still a bit gloomy.
The high street continues to suffer retail losses; both Orla Kiely and Aspire Style closed their stores and website and Mountain Warehouse took the decision to close its Zakti standalone store format, choosing to rebrand them as it reshuffles its estate. The last week alone has seen Coast fall into administration with the closure of 24 stores and the rest of the business being acquired by Karen Millen. American Golf also entered administration but was immediately bought by private equity investor Endless. Many other retailers teeter on the edge, not helped by a 2.4% increase in inflation which will add an additional £186.45m to retailer’s business rates bill next April.
read more...
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Retail Update - March 2016
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Posted At: 29 March 2016 00:27 AM
Related Categories: Administrations, Retail Statistics, Retailers, Store Closures |
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The past month has seen a bit of turmoil on the high street, although no administrations have been recorded on SnapShop.
BHS proposed a CVA at the beginning of March which was subsequently approved this week to enable it to reduce rents in 40 loss-making stores as it looks to continue to trade through its turnaround plan
read more...
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Retail Update - July 2013
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Posted At: 18 July 2013 11:15 AM
Related Categories: Administrations, Retail, Retailers, Store Closures |
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Research by Deloitte shows that the number of retail administrations fell by 30% in the first half of 2013, with a reported 87 collapses compared to 124 in the same period last year. Since our update last month, this list now includes: read more...
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Retail Spotlight – Dwell ceases trading
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Posted At: 21 June 2013 11:10 AM
Related Categories: Administrations, Retail, Retailers, Store Closures |
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Following a cash-flow crisis and failed attempts to find a buyer or secure fresh working capital, Duff & Phelps were appointed as administrator to the furniture chain, Dwell. read more...
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Retail Spotlight – Pumpkin Patch UK subsidiary goes into administration
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Posted At: 19 January 2012 15:23 PM
Related Categories: Administrations, Retail, Retailers, Store Closures |
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Following the announcement of collapse of children’s store Pumpkin Patch in the UK; we bring to you an overview of the retailer’s financial performance over the years and highlights of the latest news
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Retail Spotlight – D2 Jeans goes into administration
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Posted At: 04 January 2012 10:00 AM
Related Categories: Administrations, Retail, Retailers, Store Closures |
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Store chain D2 Jeans collapsed into administration again, making 200 staff redundant and putting hundreds more jobs at risk. Administrators closed 19 UK stores - including six in Scotland - and laid off shop workers at the Ayrshire-based firm. read more...
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Retail Spotlight – Barratts Priceless plunges into administration
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Posted At: 09 December 2011 14:17 PM
Related Categories: Administrations, Retail, Retailers, Store Closures |
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How cruel that quarter rent day is on Christmas day. When tills should be ringing, for some, there may only be the sound of doors slamming shut, including high street footwear retailer Barratts. read more...
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Retail Investigation - Best Buy axes 11 UK stores
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Posted At: 07 November 2011 16:48 PM
Related Categories: Retailers, Store Closures |
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11 Best Buy stores closed - the SnapShop team investigates what could have gone wrong? read more...
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Retail Spotlight – Walmsley sinks into administration
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Posted At: 02 September 2011 15:00 PM
Related Categories: Administrations, Retail, Store Closures |
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Furniture chain Walmsley has become the latest casualty of the consumer spending downturn after collapsing into administration... read more...
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Retail Spotlight - Floors-2-Go crashes again with 192 job losses
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Posted At: 25 August 2011 14:57 PM
Related Categories: Administrations, Retail, Retailers, Store Closures |
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35 out of 88 stores have been bought by Nixon & Hope – which was formed this month by former Floors-2-Go directors Parjinder Sangha and David Vizor read more...
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Retail Spotlight – TJ Hughes store closures- Updated
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Posted At: 12 August 2011 00:24 AM
Related Categories: Administrations, Retail, Store Closures |
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...update on store closures and highlights of the administration...
read more...
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Retail Insolvencies in Q2 2011
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Posted At: 28 July 2011 15:00 PM
Related Categories: Administrations, Retail Statistics, Retailers, Store Closures |
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The number of UK Company insolvencies fell in the second quarter... read more...
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Retail Spotlight - Moben, Sharps and Dolphin owner collapses into administration
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Posted At: 27 June 2011 15:39 PM
Related Categories: Administrations, Retail, Store Closures |
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HomeForm collapsed into administration, putting 1,300 jobs at risk read more...
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Retail Spotlight – Jane Norman goes into administration
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Posted At: 27 June 2011 15:28 PM
Related Categories: Administrations, Jane Norman, Retail, Store Closures, Womenswear Retailer |
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Jane Norman collapses into administration putting 1,600 jobs at risk. Retailer closed its 90 UK stores over the weekend after it failed to find a buyer for the business. Zolfo Cooper have been appointed as administrators read more...
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Retail Store Closures – May – June 2011
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Posted At: 24 June 2011 15:46 PM
Related Categories: Retail, Retail Property, Retailers, Store Closures |
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An update on retail store closures in May-June 2011 read more...
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Retail Spotlight - Haldanes in Administration
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Posted At: 20 June 2011 17:10 PM
Related Categories: Administrations, Retail, Store Closures |
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Haldanes has closed all its 23 shops after the owners filed an administration order. It is expected four will reopen
read more...
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Retail Spotlight –V8 Gourmet enters administration
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Posted At: 20 June 2011 10:10 AM
Related Categories: Administrations, Retailers, Store Closures |
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V8 Gourmet has collapsed into administration again despite receiving last minute backing from new investors. Investment group Calleon stepped... read more...
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Retail Spotlight – Life & Style collapsed into administration
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Posted At: 10 June 2011 15:17 PM
Related Categories: Administrations, Retailers, Store Closures |
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Following the recent news that the fashion and homewares retailer Life & Style has collapsed into administration. read more...
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Retail Spotlight – Georgina Goodman goes into administration
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Posted At: 08 June 2011 10:00 AM
Related Categories: Administrations, Retail, Retailers, Store Closures |
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Premium footwear retailer Georgina Goodman has collapsed into administration
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Retail Spotlight - Blue Inc
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Posted At: 13 April 2011 00:29 AM
Related Categories: Administrations, Retail, Retailers, Store Closures |
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Blue Inc has taken on 46 The Officers Club stores after the latter fell into administration in March 2011 read more...
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Retail Administrations - 2010
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Posted At: 21 March 2011 17:00 PM
Related Categories: Administrations, Retail, Store Closures |
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There were 32 retail administrations in 2010, versus 72 in the comparable period of 2009.
read more...
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