Area News
Tesco slims down
Tesco has briefed employees about the closure of 18 loss-making stores in Poland.
2018 - Media Team Retailp.com
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Latest News
Posts tagged closure
Area News
Struggling New Look to exit Belgium
As New Look continues to battle its way back from the brink, the British value fashion retailer on Thursday announced that it has made a decision regarding its Belgian operation. And that decision is? To file for insolvency.
2019 - Media Team Retailp.com
Area News
Pimkie set to close 50 stores across Austria, Germany
The closures will likely take place over the coming 18 months.
2017 - Media Team Retailp.com
Area News
Gap continues restructuring with new round of store closures
In the latest shake up at Gap Inc, the San Francisco-based retailer has closed 40 Gap stores across the globe.
2020 - Media Team Retailp.com
Area News
Could Forever 21 be leaving France?
Forever 21 opened its doors in France in 2012 but has greatly reduced its footprint in the country in recent months as it has decided to close three of its four stores in the country after having closed two other stores previously in 2016. According to Business Immo, the fast fashion chain aims to cease all business activities in France. However, when contacted, the brand’s head did not respond to FashionNetwork.com’s inquiry.
2018 - Media Team Retailp.com
Area News
Boots could close stores as sales dip
The American owner of the UK’s Boots health & beauty chain said the company needs to close stores and cut more costs after the “most difficult” quarter it has seen in its five-year history as a mutinational group.
2019 - Media Team Retailp.com
Area News
Savile Row tailor Kilgour closes showroom following COVID-19 outbreak
Bespoke brand Kilgour has closed its Savile Row flagship store, citing tough trading conditions and supply chain disruption as a result of the coronavirus outbreak.
2020 - Media Team Retailp.com
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Area News
Sears files for Chapter 11 bankruptcy
Sears Holdings on Monday filed for Chapter 11 bankruptcy, following a last minute ditch effort from the U.S. department store retailer's CEO to contribute towards a financing package.
2018 - Media Team Retailp.com
Area News
Scottish chain Watt Brothers goes under
Bonmarché wasn’t the only UK retail chain to file for administration on Friday with Scottish department store operator Watt Brothers also throwing in the towel after a history stretching back 104 years.
2019 - Media Team Retailp.com
Area News
Matalan billionaire founder seeks £60m after closing 232 stores
Matalan is reportedly seeking £60 million to help it survive through the coronavirus pandemic after closing 232 stores.
2020 - Media Team Retailp.com
Area News
Sainsbury's to shut 125 stores
Chain will move Argos branches within existing supermarkets in bid to slash £500m in costs
2019 - Media Team Retailp.com
Area News
Aussie fashion giant Specialty Fashion Group to close 300 stores
The move comes amid declining sales and increased competition.
2017 - Media Team Retailp.com
Area News
New Look France goes into liquidation, 400-odd employees to be laid off
New Look is leaving France. The brand’s French subsidiary has now been put into liquidation after filing for receivership at the end of March. The decision was made by the Paris trade court on June 26, two days after the subsidiary administrators requested the liquidation.
2019 - Media Team Retailp.com
Area News
H&M to slow store openings
The chain also announced its intentions to begin selling the H&M and H&M home brands on Chinese eCommerce platform Tmall, promising to launch in more retail markets by the end of the fiscal year.
2018 - Media Team Retailp.com
Area News
Sears to close 46 stores in November
It’s a tough time for retail and especially for Sears Holdings Corp. who is pulling the plug on more retail locations.
2018 - Media Team Retailp.com
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Area News
J.C. Penney plans store closures
Department store operator J.C. Penney Co Inc on Tuesday reaffirmed its 2018 free cash flow forecast and said it expects to end the year with liquidity in excess of $2 billion.
2019 - Media Team Retailp.com
Area News
VF Corp reports temporary closure of 60% of Chinese stores due to coronavirus
As the coronavirus outbreak continues in China, American footwear and apparel group VF Corporation has announced that it has closed around 60% of its owned and partner-operated stores in the country, but is yet to provide a prediction of the impact the health crisis will have on its financial results.
2020 - Media Team Retailp.com
Area News
House of Fraser to close its 'Kendals' Manchester flagship
While House of Fraser seems to have been successful so far in saving some of its landmark stores such as London's Oxford Street and Frasers in Glasgow, it's been unsuccessful with its Manchester flagship.
2018 - Media Team Retailp.com
Area News
Waitrose to close seven stores
Upmarket retailer Waitrose & Partners has announced that it will close seven loss-making outlets in the UK.
2019 - Media Team Retailp.com
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