Category : Search result: retail cuts


Claire's to close UK stores in restructuring move

Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.

CEX staff slammed for 'offensive' retail worker display

Electronics retailer CEX has sparked fury after employees created a controversial window display featuring a mannequin slumped over a till, labelled 'Average Retail Worker'. The stunt has been branded 'disgusting' and 'tone-deaf' by furious customers.

Hobbycraft to Close Six UK Stores in Major Shake-Up

Arts and crafts retailer Hobbycraft is set to close six stores across the UK in a major restructuring plan, putting dozens of jobs at risk. Get the full details on the locations and the company's strategy.

UK Grocery Chain Closes 60 Stores in Mass Layoffs

A prominent UK supermarket chain is set to close 60 stores and cut hundreds of jobs in a drastic restructuring plan aimed at reducing costs and adapting to changing consumer habits.

Claire's Avoids Collapse in Last-Ditch Buyout Deal

The iconic accessories chain Claire's has been saved from administration after a dramatic restructuring deal with new owners. Discover which UK stores will close and what this means for the future of the brand.

Poundland Store Closures: Full UK List

Poundland has announced a wave of store closures across the UK as part of a major restructuring plan. Find out if your local branch is on the list.

UK Retail Sales Drop Sharply Amid Inflation Fears

Retail sales in the UK saw a sharp decline in October as consumers tightened their belts due to rising inflation and economic uncertainty, according to the British Retail Consortium.

M&S shares fall as Harrods cuts ties

Marks & Spencer faces a major setback as Harrods terminates its partnership, sending shares tumbling. Analysts weigh in on the retail giant’s future.

US home improvement giant faces uncertain future

A beloved US home improvement retailer is struggling to survive amid shifting consumer trends and fierce competition. Discover the reasons behind its decline and what it means for shoppers.

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