Homebase has entered administration, with The Range and CDS Superstores acquiring assets.Homebase’s troubles began with Wesfarmers’ ownership, ultimately selling to Hilco.The company couldn’t leverage the DIY…
Browsing: administration
Homebase is on the brink of appointing administrators with ongoing negotiations for a potential deal involving The Range, aiming to secure a future for several stores.The…
The rescue of TGI Fridays by private equity backers has resulted in significant closures and job losses, despite saving a number of restaurants and positions.51 restaurants…
The acquisition of TGI Fridays’ UK business has preserved over 2,000 jobs, offering hope amid tough times for the casual dining sector.51 TGI Fridays restaurants remain…
Nestware, the proprietor of Carpetright, is experiencing significant financial setbacks due to the administration of its business, The Floor Room.The closure of The Floor Room has…
Cath Kidston is poised to make a comeback to the high street after its administration-related collapse in 2020.Acquired by Next for £8.5 million in 2023, Cath…
Harland & Wolff is on the brink of administration, endangering its £1.6 billion contract for Royal Navy ships.The shipyard confronts a cash shortfall, risking domestic shipbuilding…
Harland & Wolff, an iconic shipyard in Belfast, is on the brink of administration, endangering a major Royal Navy contract.The shipyard’s financial woes could result in…
A strategic rescue deal has saved The Body Shop from administration, preserving 113 retail outlets and more than 1,000 positions.Charles Denton steps into the role of…
The Body Shop has been rescued from administration in a deal that ensures the continuity of 113 stores and safeguards over 1,000 jobs.The agreement was orchestrated…