Poundland Saved from Collapse by High Court
The High Court approves a rescue deal for Poundland's parent company, saving thousands of UK retail jobs and securing the future of 800 stores nationwide.
Category : Search result: retail slump
New Look Owner Brait Considers Selling Fashion Chain
Fashion retailer New Look could be put up for sale by its South African owners, Brait, as the high street brand grapples with challenging market conditions and a significant debt burden.
Shoplifting hits 54-year high as 70% of offenders escape justice
British retailers face an unprecedented shoplifting epidemic with offences reaching their highest level since 1969, while police fail to pursue 70% of cases, leaving traders furious and demanding government action.
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.
Chancellor pressured to act as UK shop inflation holds at 2.9%
Jeremy Hunt faces mounting pressure from retail leaders to address the business rates burden in the Spring Budget, as new data reveals shop price inflation remains stubbornly high.
High Street Apocalypse: Why Britain's Shops Are Disappearing
Exclusive investigation uncovers the devastating combination of business rates, online giants, and planning failures crippling Britain's town centres. Discover why your local high street is dying.
Target appoints Michael Fiddelke as new CEO
US retail giant Target names company veteran Michael Fiddelke as its new Chief Executive to navigate a challenging period of falling sales and shifting consumer habits.
UK Shop Closures Soar: Budget Blamed for Retail Crisis
The UK's retail sector is facing an existential crisis, with new data revealing a record number of shop closures. Industry experts are pointing the finger at the Chancellor's recent budget, citing a perfect storm of rising business rates and a lack of sup
Facial Recognition Flags 10,000 Weekly in UK Retail Crisis
Exclusive investigation reveals facial recognition cameras in UK retail stores are identifying a staggering 10,000 potential offenders each week, highlighting the escalating shoplifting epidemic crippling British retailers.
Mountain Warehouse to open 50 stores, create 500 jobs
Outdoor retailer Mountain Warehouse announces major expansion with 50 new stores, bringing 500 jobs to towns and cities nationwide.
Teen girls enlisted to fight UK shoplifting crisis
As shoplifting surges across Britain, police are turning to unconventional methods—including recruiting teenage girls—to tackle the growing retail crime wave.
Claire's UK stores enter administration
Popular accessories retailer Claire's has appointed administrators for its UK and Ireland operations, putting hundreds of jobs in jeopardy amid financial struggles.
Claire's Accessories faces potential collapse
Popular high street retailer Claire's Accessories faces potential collapse, putting hundreds of jobs at risk. Here's what we know so far.
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.
UK retail growth slows amid consumer spending squeeze
Retail sales in the UK show sluggish growth amid rising inflation and cautious consumer spending, with industry leaders urging government action in the upcoming Autumn Budget.
The Entertainer toy shop to cut jobs amid economic strain
Popular UK toy retailer The Entertainer is set to reduce its workforce as part of cost-cutting measures, leaving employees uncertain about their futures.
High street retailer announces store closures
A beloved UK high street retailer has revealed plans to shut down multiple stores, leaving shoppers devastated. Find out if your local branch is on the list.
Micah Richards' bizarre Premier League slump theory
Former Manchester City defender Micah Richards points to a bizarre factor behind a Premier League team's shocking slump this season. Find out what he claims is the real issue.
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.
GWS Giants' form crisis after heavy AFL defeat
The GWS Giants' recent performance has raised serious questions after a heavy loss, leaving fans and analysts worried about their future prospects in the AFL.
Morrisons shutting 54 cafés and 14 counters
Morrisons announces the closure of 54 cafés and 14 supermarket meat, fish, and deli counters, impacting jobs and customer services across the UK.
UK high street crisis: Hundreds of stores closing
Britain's high streets face another brutal year as major retailers announce widespread closures, job losses, and restructuring plans amid rising costs and changing shopping habits.
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.
Walmart's Mobile Stores Revolutionise Shopping
Walmart unveils innovative mobile stores to bring convenience directly to customers' neighbourhoods, reshaping the future of retail.
Crocs shares slump as tariffs bite and trends shift
Crocs Inc. faces a sharp decline in share prices amid rising tariffs and waning popularity of its signature 'ugly' footwear. What's next for the brand?
High Street Footfall Declines Again
UK high streets see another drop in shopper numbers as anticipated summer boost fails to materialise, raising concerns for retailers.
UK Retailers Demand Rate Cuts as Inflation Falls
The British Retail Consortium urges the Bank of England to cut interest rates amid falling shop price inflation, warning of continued pressure on consumers and businesses.
Meghan Markle's wine fails to sell despite royal hype
The Duchess of Sussex's latest venture into winemaking struggles to attract buyers, raising questions about the market appeal of celebrity-endorsed products.
Poundland shuts 37 UK stores
Discount retailer Poundland announces the closure of 37 stores nationwide, impacting several high streets. Find out if your local branch is affected.
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