Store Closures

Calvetron Brands to close remaining concessions

The administrators of Calvetron Brands, parent company of Jacques Vert and Precis, has served notice on the remaining concessions in…

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John Lewis profits could be ‘close to zero’

John Lewis has issued another profit warning and admitted that it expects profits before exceptional items to be “substantially lower”…

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House of Fraser CVA approved by creditors, 31 stores to close

House of Fraser has announced that its Company Voluntary Arrangement (CVA) proposals have been approved by the company’s creditors in…

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EXCLUSIVE: Poundworld confusion as staff memo casts doubt on ‘closing down’ sale

Store managers at Poundworld are preparing to promote a ‘closing down’ sale, despite a staff memo circulated yesterday which cast…

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EXCLUSIVE: Starbucks says ‘no UK store closures’ after US announcement

Starbucks’ recent US store closures announcement “does not affect” its UK stores, Retail Sector has learned. The clarification comes days…

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N Brown to close all of its remaining stores

N Brown Group, which owns fashion retailers JD Williams, Jacamo and Simply Be, has announced plans to shut down all…

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Henri Lloyd enters administration with 31 stores set to close

Henri Lloyd has announced it has entered administration which will see 31 stores close and a large amount of jobs…

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House of Fraser to shutter 31 stores

Embattled department store chain House of Fraser has announced it is to close 31 stores as part of its CVA…

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Smaller shopping centres worst hit by closures

Smaller shopping centres were the worst affected by the number of store closures last year, a new study has shown.…

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Poundworld sale rumoured to be edging closer

Poundworld is reportedly edging closer to a rescue deal with its owners TPG are rumoured to be finalising the terms…

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