Habitat stores enter administration
Furniture chain Habitat is to be put into administration but three of its stores are to be bought by Home Retail Group (owner of Argos and Homebase). Home Retail Group is acquiring the rights to the...
View ArticleJane Norman enters administration
Fashion chain Jane Norman has gone into administration after failing to find a buyer. The retailer was forced to close its 90 UK stores this weekend and the news comes just a few days after it emerged...
View ArticleThorntons announces store closures
Chocolate retailer Thorntons has today announced plans to close 120 stores over the next three years. The firm also said, as part of a strategic review of the business, a further 60 shops could close...
View ArticleCarpetright profits hit by challenging conditions
Carpetright has today added to the doom and gloom surrounding the retail sector by announcing a 70% fall in annual profits. The company blamed “very challenging trading conditions” after profits for...
View ArticleTJ Hughes on verge of administration
Department store chain TJ Hughes has today revealed it is set to enter administration. The Liverpool-based store has more than 50 outlets across the UK and has a headcount of 4,000 – which are all at...
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