Category : Search result: retail financial troubles


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.

Poundland Crisis: Owner Warns of Potential Collapse

High street giant Poundland faces a severe cash crunch as parent company Pepco warns of potential financial collapse, putting thousands of UK jobs at risk amid rising costs and consumer spending cuts.

FCA Investigates Aberdeen Over Dubai Operations Compliance

The UK's Financial Conduct Authority launches an investigation into Aberdeen's Dubai operations, raising serious questions about oversight in the emirate's burgeoning financial district and compliance with international standards.

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.

Warringah Bowls Club enters administration

The historic Warringah Bowls Club in Mosman has entered administration, sparking concerns over its future. Locals fear the loss of a cherished community hub.

Katie Price's bankruptcy extended by court

Reality TV star Katie Price faces a prolonged bankruptcy restriction after failing to settle her debts, as ruled by a UK court. Discover the details behind her financial struggles and what this means for her future.

Claire's bankruptcy threatens 280 UK stores

Popular jewellery and accessories retailer Claire's could close 280 UK stores as its parent company files for bankruptcy protection in the US, raising concerns over jobs and high street impact.

Brooklyn Mirage files Chapter 11 after shootings

The renowned Brooklyn Mirage nightclub has filed for Chapter 11 bankruptcy following a series of violent incidents, including a fatal shooting, raising concerns over safety and financial stability.

Imran Khan faces police case in Pakistan

Former Pakistani Prime Minister Imran Khan is under investigation after police filed a case against him for allegedly threatening officials. The case adds to his growing legal troubles.

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