Selfridges to make staff cuts in ‘efficiency restructure’
Selfridges has unveiled plans to make staff cuts across some of its shops and head office. According to This is Money, the department store’s managing […]
Tesco joins Morrisons in stocking more own-brand items in its convenience stores
Tesco is overhauling the range of products available in its Express stores to help shoppers with rising grocery bills. The supermarket will replace over 50 […]
BREAKING: Wilko collapses into administration
Wilko collapses into administration Wilko has formally collapsed into administration, appointing PwC to lead the process, as 12,000 jobs are put at risk. The retailer […]
Oxford Street: Arrests made following viral ‘rob JD Sports’ TikTok post
Arrests had been made on Oxford Street after a post to “rob JD Sports” on TikTok went viral. Retail Gazette saw more than five youths […]
Wholesale Christmas Holiday Gifts 2023
The holiday season of 2023 is sure to be an exciting time for retailers, as consumers continue to look for the latest trends in wholesale […]
Superdry secures £25m funding from Hilco to power turnaround plan
Superdry has secured up to £25m in funding from restructuring specialist Hilco Capital to help power its turnaround plan. The fashion retailer said on Monday […]
Wilko buyer needs to pump in £70m as rescue talks continue
Potential buyers of stricken retailer Wilko will have to invest up to £70m to rescue the retailer. PwC, the discount chain’s advisors, is in talks […]
Frasers plan to merge Studio Retail and Missguided sparks job fears
Frasers Group is planning to merge Studio Retail with etail stablemates Missguided and I Saw It First, which has sparked redundancy fears at the firm. […]
Clintons looks to close a fifth of its stores to avoid going bust
Clintons is looking to close around a fifth of its stores in order to stave off insolvency. The card retailer has brought in restructuring advisers […]
Wilko to call in administrators: What went wrong?
Wilko filed a notice of intent to appoint administrators today, putting 12,000 jobs at risk in a move that seemed sadly inevitable in recent months. […]