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.
Category : Search result: retail slump
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.
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.
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.
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.
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.
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