high street Archives

How Long Left For Our High Streets?

It really is becoming a dire situation for our nations beloved high streets. 2012 was a bad year, but 2013 has started off in probably the worst way possible. Jessops has closed it's doors for good, with HMV teetering on the edge of total and final closure as well. But believe it or not, these [...]

By DGB|2016-10-24T20:24:22+01:00January 16th, 2013|Categories: administration, business, economy, high street, HMV, internet, Recession|

Game Goes Into Administration

Gamers will be very sad to hear the news that yet another High Street chain has gone into administration; Game Group. The group owns both the Game and Gamestation stores and has 1300 stores throughout Europe, with 609 in the UK. Administration means potential job losses for 10,000 staff. The administrators PricewaterhouseCoopers said that the [...]

By DGB|2016-10-24T20:24:34+01:00March 26th, 2012|Categories: administration, economy, high street, Recession|

>2011: How The High Street Was Hit

>2011 was a very tough year for the high-street. It never seemed to be out of the news. Either someone was in administration, or someone was about to go into administration.I found a website which lists the retailers that have gone over the course of 2011. Warning, the list below is a bit of a [...]

By DGB|2016-10-24T20:24:37+01:00January 9th, 2012|Categories: 2011, business, economy, high street, jobs, Recession|

>How Long Left For HMV?

>HMV announced figures today that in the 5 weeks leading up to Christmas in 2011, sales were down 8.2% in comparison to the same 5 weeks in the year before.You know things are bad when the company itself is saying that it may not be around in the coming few months! However according to reports, [...]

By DGB|2016-10-24T20:24:37+01:00January 9th, 2012|Categories: businesses for sale, economy, high street, HMV, internet, online, Recession|

>High Street Takes Another Hit

>It was announced today that for the second time, high street shoe retailers Barratt's is to go into administration, putting nearly 4000 jobs at risk.The first time their owners went into administration they had to reduce the number of stores by 220 from 380. In total the brand has 191 stores throughout the UK on [...]

By DGB|2016-10-24T20:24:39+01:00December 8th, 2011|Categories: administration, barratts, deloitte, economy, high street, jobs, Recession|

>Jane Norman In Administration

>Not a great way to start the new working week, but it has been announced that the high street fashion retailer Jane Norman has been placed in administration with US accountancy group Zolfo Cooper.The chain employs around 1600 staff, and has debts of £140 million but has been suffering from slow sales.Zolfo Cooper has said [...]

By DGB|2016-10-24T20:24:40+01:00June 27th, 2011|Categories: administration, economy, high street|

>More Pressure On HMV

>In an announcement expected to be made tomorrow, the trouble high-street music chain HMV is set to become owned by the general public. More specifically, banks such has the Lloyds Banking Group which are majority owned by the general public will now take a stake in HMV in a bid to help with restructuring it's [...]

By DGB|2016-10-24T20:24:42+01:00June 6th, 2011|Categories: Businesses bought, economy, high street|