Retail news
Your search returned 31 results
Campaign begins to save Peacocks
- Posted:
- 19 January 2012 10:15
MPs, retailers and the general public have joined calls to business secretary Vince Cable to help save the Peacocks clothing chain and the 10,000 jobs that its potential collapse puts at risk. The company went into administration last night, with professional services firm KPMG saying that all Peacocks stores remain ...read more
Thorntons loses out in competition battle
- Posted:
- 12 January 2012 10:30
Chocolatier Thorntons battled tough competition in the run-up to Christmas as customers hunted for the best deals, resulting in slightly lower than expected like-for-like results. The group, which has 574 wholly-owned and franchise stores in the UK, said like-for-like sales fell by 4.2% in the 14 weeks to January 7th.Thorntons, ...read more
Mothercare buyout in the making
- Posted:
- 12 December 2011 09:58
A private equity firm is understood to be preparing a bid for Mothercare in a move that would end the retailer's 40 years as a publicly listed company, according to reports today.Buyout firm Cinven's plans could see it jettison Mothercare's troubled UK stores so it can focus on its better ...read more
Peacocks restructure could close 200 stores
- Posted:
- 09 December 2011 10:05
Discount fashion retail group Peacocks is said to be considering the closure of up to 200 stores as part of a restructuring plan.Meetings continued to take place today between the company's lenders and its shareholders - who include Goldman Sachs - to restructure the company's £240 million debts and its ...read more
Peacocks struggles in consumer spending slide
- Posted:
- 19 September 2011 10:05
Fashion chain Peacocks is looking to restructure its finances after being hit by the downturn in spending on the high street, it has been reported.The company, which specialises in discount clothing for women, is struggling under £240 million of net debt and the squeeze in consumer spending.Independent advisors at KPMG ...read more
Retail news is updated every weekday and is provided courtesy of: 
