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 |2016-10-24T20:24:34+01:00March 26th, 2012|Categories: administration, economy, high street, 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 |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 |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 |2016-10-24T20:24:42+01:00June 6th, 2011|Categories: Businesses bought, economy, high street|
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