Category : Search result: retail losses


Guzman y Gomez's US expansion hits major roadblocks

Australian fast-food favourite Guzman y Gomez faces significant hurdles in its ambitious US expansion, with reports of financial losses, leadership exits, and a struggle to adapt its menu for American tastes. Is the burrito bubble bursting?

Amazon sacks UK drivers, replaces them with AI

Amazon has terminated hundreds of its UK delivery drivers, citing the success of its new AI-powered 'Project Cornucopia' logistics system. The move has sparked outrage from unions and raised serious questions about the future of employment in the age of a

Bodycare Enters Administration, Shops to Close

UK retailer Bodycare, known for its discount health and beauty products, has collapsed into administration, putting hundreds of jobs at risk and triggering a wave of store closures across England and Northern Ireland.

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.

Spotted Cow Cookies Collapse: Yorkshire Bakery Folds

Yorkshire's beloved Spotted Cow Cookies has ceased trading, leaving 25 employees jobless and customers heartbroken. The family-run bakery, famed for its gourmet biscuits, succumbed to the relentless pressure of the cost-of-living crisis and soaring inflat

UK Lawsuit Hits Fox News & Newsmax Over Election Claims

A major UK-based financial backer is suing Fox News and Newsmax in a landmark High Court case, alleging massive financial losses due to the networks' promotion of baseless 2020 US election fraud claims. The lawsuit could set a precedent for media accounta

Australia's £15bn Gambling Addiction Crisis Exposed

Exclusive investigation reveals Australia's severe gambling crisis, with adults losing a staggering £15 billion annually. Discover the human stories behind the statistics and the urgent calls for reform.

Queensland trucking company collapses after 23 years

A major Queensland transport company with a 23-year history has entered liquidation, collapsing with massive debts and leaving dozens of employees without jobs in a severe blow to the region's freight industry.

22 Kids and Counting star quits family business

Sue Radford, matriarch of Britain's largest family, dramatically resigns from the family bakery following a series of devastating financial losses and mounting business pressures.

Bank of England Losses to Cost Taxpayers £200bn

A new report reveals the staggering cost of the Bank of England's quantitative easing programme, with taxpayers facing a bill of up to £200 billion, intensifying calls for a windfall tax on banks.

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.

Victoria Beckham brand gets £20m loan as losses widen

Victoria Beckham Holdings Ltd receives a £20 million loan from investors, including her husband David, to stabilise the luxury brand after reporting increased losses of £5.9 million. Discover the brand's financial strategy and future plans.

Reeves's Budget Tax Raid to Decimate Hospitality Jobs

Exclusive analysis reveals Labour's planned VAT overhaul for private schools could trigger a devastating chain reaction, costing the hospitality sector more than 50% of its job losses and hitting family budgets hard.

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