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Economy
Quarter of a million retail jobs lost in five years, ONS finds
There are now 249,000 fewer retail jobs than there were five years ago, according to the latest data from the…
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High Street
New TOFS owner eyes potential CVA and store closures
Modella Capital, the owner of The Original Factory Shop (TOFS), is reportedly working with Interpath Advisory on a potential company…
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High Street
Forever 21 files for bankruptcy in the US
Forever 21’s operating company has filed for bankruptcy protection in the US, the BBC has reported. The retailer confirmed in…
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Features
Can Boohoo’s rebrand solve its fast fashion woes?
In the run-up to Boohoo announcing its name change to Debenhams Group, the fashion business had battled an onslaught of…
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Department Stores
Fenwick eyes restructuring as losses widen
Fenwick has reportedly called in restructuring professionals from AlixPartners as it looks to address its mounting losses and cost pressures,…
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Online & Digital
Deliveroo delivers FY profit for the first time
Deliveroo has reported hitting a profit of £3m for the year to December 2024, following a loss of £32m in…
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High Street
Hobbycraft owner eyes potential restructuring
Hobbycraft owner, Modella Capital, has reportedly enlisted advisers from FRP to explore a restructuring at the crafts chain, Sky News…
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High Street
Cake Box to acquire Ambala Foods for £22m
Fresh cream cakes retailer, Cake Box, has conditionally agreed to acquire Ambala Foods Limited, a UK-based manufacturer and retailer of…
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Clothing & Shoes
Boohoo rebrands to Debenhams Group
Boohoo has announced that it is rebranding as Debenhams Group, having rescued the high street department store out of administration…
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Supermarkets
Asda eyes sale of car parking space to finance debt
Asda has reportedly launched a process to sell off almost 10 acres of car parking space as a way to…
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