Browsing: store closures

Dobbies has initiated a restructuring plan to enhance profitability and reduce rental costs.The plan includes closing 17 unprofitable stores, impacting…

A significant development has emerged as retail giant Next faces potential store closures. This follows a challenging £30 million equal…

Next is facing potential store closures if its equal pay appeal fails, affecting its financial stability.An employment tribunal found Next…

John Lewis and Waitrose have confirmed their plans to close standalone stores on Boxing Day, aligning with other retailers to…

The retail sector is facing a significant tax burden, according to new research from the British Retail Consortium (BRC).Retailers contribute…

In the first half of 2024, data from PWC highlights a stabilisation in store closures across Great Britain.A total of…

The retail sector faces significant challenges with a daily average of 38 store closures during 2024, based on PwC data.A…

Fred Perry, a renowned British heritage brand, reported a notable rise in revenue and profit for 2023.The company’s gross profit…

Baird Group, the UK distributor of Ted Baker clothing, has reported financial losses following a substantial strategic restructuring. The company…

CTD Tiles, a prominent tile retailer based in Birmingham, has faced financial difficulties, leading to its acquisition by Topps Tiles…