Claire's rescued from administration in last-minute buyer deal
Jewelry and accessory retailer Claire's avoids collapse after a last-minute acquisition deal saves hundreds of UK stores and thousands of jobs. Full details on the rescue plan.
Category : Search result: retail acquisition
Asda to Open 20 New Stores, Creating 1,600+ Jobs
Supermarket giant Asda is embarking on a massive expansion plan, opening 20 new stores and creating over 1,600 new jobs, bringing its popular Just Essentials range and George clothing to more communities.
Claire's UK rescued from bankruptcy by new buyer
The iconic accessories chain Claire's has been saved from bankruptcy after a new buyer stepped in to acquire its UK and European operations, securing the future of its British high street stores.
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.
'Scary' UK High Streets Force Shops to Flee
Residents and business owners voice their fears as soaring crime, anti-social behaviour, and neglect turn once-thriving high streets into no-go zones, prompting a retail exodus.
JD Sports UK Sales Slump 4.2% as Confidence Wobbles
JD Sports reports a sharp 4.2% drop in UK sales, blaming fragile consumer confidence and a 'challenging' market. The retail giant's warning signals trouble for the wider high street.
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.
California Police Bust Massive £3.5M Home Depot Theft Ring
Authorities in California have dismantled a sophisticated organised crime ring accused of stealing over £3.5 million in merchandise from Home Depot stores across multiple counties.
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.
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.
UK Retail Sales Crash Amid Soaring Inflation
New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.
Netflix Wins Bidding War for Knives Out 3
Netflix triumphs over Paramount and Universal to secure the next Benoit Blanc mystery, 'Wake Up Dead Man', in a major streaming coup. Daniel Craig and director Rian Johnson return.
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.
Police fail to solve 1,000+ shoplifting cases daily
Exclusive figures reveal police are failing to solve more than 1,000 shoplifting cases every day across the UK, with just 16% of reported crimes resulting in charges as retail theft soars to record levels.
Tougher Sentences for Shoplifters in UK Crime Crackdown
New government plans promise stricter punishments for shoplifters and assault on retail workers, as retail crime surges to record levels across Britain.
Coca-Cola in Talks to Sell Costa Coffee Chain
The Coca-Cola Company is reportedly in advanced discussions to divest its Costa Coffee chain, just six years after its landmark £3.9bn acquisition. The potential sale signals a significant strategic shift for the beverage giant.
M&Co to Shut 35 UK Stores in High Street Blow
Another major blow to the UK High Street as a beloved fashion retailer announces the closure of 35 stores, putting hundreds of jobs at risk. Discover if your local store is affected.
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.
German bid for UK theme parks: Thorpe Park, Alton Towers in focus
Germany's Europa-Park owners, the Mack family, are in advanced talks to acquire a major stake in Merlin Entertainments, putting iconic UK attractions like Thorpe Park and Alton Towers under new ownership.
Royal Mail Misses Targets as Kretinsky Takeover Nears
Royal Mail faces a delivery crisis, missing crucial performance targets for the second year. As Czech billionaire Daniel Kretinsky's EP Group finalises its acquisition, concerns mount over the future of the UK's postal service and potential regulatory act
NY Firm Buys 28 Wyoming Newspapers, Sparks News Desert Fears
A New York-based media conglomerate, NMC, has acquired nearly all of Wyoming's local newspapers, raising profound concerns about the future of independent journalism, community voice, and the potential rise of 'news deserts' in the American West.
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.
Police admit they won't arrest shoplifters as stores fight back
Exclusive investigation reveals how UK high street stores are fighting back against organised shoplifting gangs as police formally admit they've stopped arresting offenders in most cases.
Musk Must Face $500m Twitter Severance Lawsuit, Judge Rules
A US federal judge rules that Elon Musk must confront a lawsuit alleging he refused to pay at least $500 million in severance to thousands of Twitter employees he dismissed after his $44 billion acquisition. The case advances as the court finds credible c
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.
Nexstar's $7.6bn Tegna Takeover Collapses
The blockbuster $7.6 billion acquisition of Tegna by Nexstar Media Group has been abruptly terminated following intense scrutiny from US regulators and political figures, marking a major setback for media consolidation.
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.
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