High Street chain collapse sweepstake
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Debenhams shares are 10p today after fears of store closures.
TVF's London Lite.
Woolworths introduced a new logo just before they went into administration too. Then the administrators went back to the old logo and everyone forgot they'd even changed it. I don't think the new logo even made it to any store fronts or carrier bags, though it appeared on adverts and the website.
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Either way, Mike Ashley will grab Debenhams at some point.
TVF's London Lite.
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House of Fraser have renegotiated rents, and so 20 stores announced for closure have been saved so far, they are :
Altrincham, Aylesbury, Birkenhead, Camberley, Carlisle, Darlington, Doncaster, Grimsby, High Wycombe, Lincoln, London (Oxford Street), Middlesbrough, Plymouth, Skipton, Telford, Huddersfield, Leeds, Maidstone, Solihull and Sutton Coldfield.
Edinburgh, Hull and Swindon will close after the failure of negotiations over cuts in rents.
Altrincham, Aylesbury, Birkenhead, Camberley, Carlisle, Darlington, Doncaster, Grimsby, High Wycombe, Lincoln, London (Oxford Street), Middlesbrough, Plymouth, Skipton, Telford, Huddersfield, Leeds, Maidstone, Solihull and Sutton Coldfield.
Edinburgh, Hull and Swindon will close after the failure of negotiations over cuts in rents.
Bath could still close as well.
https://www.bbc.co.uk/news/business-45617809
And here's some fine journalism from the Hull Daily Mail... they called it rumours and speculation despite closing down signs on the shop windows!
https://www.hulldailymail.co.uk/news/hu ... ks-2031344
https://www.bbc.co.uk/news/business-45617809
And here's some fine journalism from the Hull Daily Mail... they called it rumours and speculation despite closing down signs on the shop windows!
https://www.hulldailymail.co.uk/news/hu ... ks-2031344
https://www.theregister.co.uk/2018/09/2 ... _retailer/
An interesting look at how the several-times-restructured debt Maplin carried from multiple takeovers destroyed it.
The last sentence is quite ominous.
An interesting look at how the several-times-restructured debt Maplin carried from multiple takeovers destroyed it.
The last sentence is quite ominous.
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WHSmith is to scrap their franchise Local brand, close 6 main stores and close CardMarket.
TVF's London Lite.
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This thing with Patiserie Valerie is a bit odd isn’t it?
Is that different from the WHSmith Stationery brand?Martin Phillp wrote: ↑Thu 11 Oct, 2018 23.50 WHSmith is to scrap their franchise Local brand, close 6 main stores and close CardMarket, the trading card website.
"He has to be larger than bacon"
CardMarket is their attempt to rival Card Factory.Pete wrote: ↑Fri 12 Oct, 2018 08.03Is that different from the WHSmith Stationery brand?Martin Phillp wrote: ↑Thu 11 Oct, 2018 23.50 WHSmith is to scrap their franchise Local brand, close 6 main stores and close CardMarket, the trading card website.