All Insolvency & administration articles – Page 24
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OpinionComment: Can administrations be good for businesses?
To some it sounds like a death knell, but many retailers can survive an administration - and even benefit from it in the longer term, according to Lee Manning and Rob Harding.
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NewsComet administration costs £15m in closure fees
The total cost of winding up Comet has been revealed as £15m after the electricals retailer crashed into administration in November.
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NewsRetail park vacancy rate rises rapidly following administrations
Empty space on retail parks increased by its fastest rate for four years last year due to casualties in the retail sector, according to new research.
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NewsBiggest retail administrations leave unsecured debts of £1bn
Taxpayers, suppliers and landlords are likely to have lost £1.03bn due to the collapse of big-name retailers since the start of last year.
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OpinionComment: Jessops and HMV - a tale of two administrations
As Jessops emerges like a phoenix from the flames following its collapse earlier this year, the HMV saga still rumbles on.
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NewsHMV Guernsey follows parent company into adminstration
HMV Guernsey, where the entertainment retailer has one store, has followed its parent company and plunged into administration.
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NewsDreams acquired by Sun European in £35m pre-pack administration deal
UPDATED: ScS-owner Sun European last night acquired beds giant Dreams in a pre-pack administration deal for £35m, Retail Week has learned.
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NewsHomewares retailer Textiles Direct heads for administration
Homewares retailer Textiles Direct is understood to have filed a notice of intention to appoint an administrator, putting 400 jobs at risk.
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NewsSports Direct buys young fashion retailer Republic out of administration
Sportswear giant Sports Direct has confirmed it has acquired young fashion retailer Republic out of administration.
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NewsStore closures surge tenfold in 2012 driven by retail administrations
An unprecedented level of large-scale retail collapses pushed the number of store closures among multiple retailers up tenfold in 2012.
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NewsUnited Carpets' share suspension lifted after administration
United Carpets Group has relisted its shares after a controversial pre-pack administration in which the company acquired its assets back from the administrators.
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NewsSuppliers increase their credit insurance cover after retail administrations
Suppliers to retailers increased their trade credit insurance cover by 17% last year driven by furniture and electronics businesses after the number of retail failures rose, according to insurer Atradius.
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NewsRetail administrations could lead to a sixth of stores lying empty
Retail administrations and the resulting store closures could lead to one in six stores on the high street lying empty this year, according to the Local Data Company
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NewsRepublic collapses into administration as 150 head office staff axed
Fashion chain Republic has plunged into administration as 150 head office staff have been made redundant.
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NewsFashion chain Republic poised to plunge into administration
Fashion retailer Republic is understood to be on the verge of administration, with administrator Ernst & Young waiting in the wings.
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NewsJessops bought out of administration by Dragons' Den star Peter Jones
Collapsed camera specialist retailer Jessops has been bought out of administration by entrepreneur and Dragons’ Den star Peter Jones.
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AnalysisAnalysis: Why did Mothercare Australia fall into administration?
Mothercare’s Australian problems - the parent and baby retailer’s Australian operation has today been placed into administration - highlight the dangers of rapid international expansion.
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NewsMothercare Australia placed into administration as trading deteriorates
Mothercare Australia has been placed into administration after trading conditions in the country deteriorated and talks to find a buyer for the business failed.
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NewsVince Cable rejects calls for Government to support retail
Business secretary Vince Cable has dismissed criticism levelled at the Government in the past week that more needs to be done to help support the retail sector following a series of collapses.
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NewsBlockbuster collapses into administration
Entertainment specialist Blockbuster has plunged into administration, making it the third large retailer to hit the buffers in a week following the collapse of Jessops and HMV.