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Marks and Spencer, the largest clothing retail company in the country, is planning to sack over 1,000 out of their 70,000 employees in the United Kingdom. They are reported to have decided on the cuts after their worst trading ...
John Lewis, a department store chain, was helped by a flurry of shoppers in weathering the Christmas season at the last minute. This has offered the hope that the anticipated retail crisis is not going to be as bad ...
Thousands of customers could be empty-handed following the collapse of Olan Mills, a photography studio, which is raising fears that many families are going to be receiving photos as Christmas gifts. The company stopped trading on December 26th and ...
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The retail sales in the United Kingdom showed an unexpected rise during the month of November, which is the first time in the last 3 months, while higher demand at discount and food stores offset decreases in other sectors. ...
Deloitte, the Woolworths administrator, has said that they haven't even gotten close to selling the retailer ever since the administration took over earlier in the month. They also announced that they will start to close the 807 shops in ...
Tesco, the largest retailer in Britain, revealed a 50% off sale on around 1,000 products yesterday, attempting to attract shoppers due to signs that they are waiting to do their shopping until after Christmas in order to get bigger and ...
Woolworths, who is a 99-year old chain and has 813 stores, is to have a store closing soon, following the administrators failing to find a company buyer. The store administrator, which is Deloitte, has made the decision to down ...
Sony, a Japanese electronics giant, said yesterday that they will be shutting down some of their plants, as well as cutting over 8,000 jobs around the world, as part of a business overhaul in order to cope with the economic ...
David Ross, the Co-founder and Deputy Chairman of Carphone Warehouse, has quit is position at the independent mobile retailer when he failed to disclose that he pledged much of his hold in the company as security on his own loans. ...
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