Drewsky1211 4,703 Posted May 19, 2020 On 17/02/2020 at 19:05, alt obits guy said: Pier 1 Imports files for bankruptcy in the U.S. a month after announcing it would be closing its 50 Canadian stores. https://www.cbc.ca/news/canada/british-columbia/pier1-imports-closing-canada-stores-1.5466411 Pier 1 Imports to close all of its 540 stores and liquidate. 1 1 Share this post Link to post Share on other sites
Bibliogryphon 9,531 Posted May 22, 2020 Wallace Arnold/Sheerings Holidays and closer to home Leicester Haymarket Theatre has been declared insolvent 1 Share this post Link to post Share on other sites
Whitehouse 871 Posted June 1, 2020 This airline few a bit under the radar (snark....) but the second oldest airline carrier in the world (behind KLM) filed for chapter 11 in New York. Avianca celebrated its 100th birthday last December. Share this post Link to post Share on other sites
time 8,579 Posted June 5, 2020 The UK branch of Victoria's Secret has called in the administrators. Share this post Link to post Share on other sites
Miracle Aligner 249 Posted June 5, 2020 Suprised The Restaurant Group (Frankie and Bennies) closing 120 stores hasn't hit this thread yet. If these financial issues carry on to higher levels of TRG they also own Coast to Coast, Wagamamas, Joe's Kitchen and Chiquito so thats half the high street in some places.... Share this post Link to post Share on other sites
Bentrovato 1,084 Posted June 21, 2020 Coronavirus: Go Outdoors set to call in administrators https://www.bbc.co.uk/news/business-53127083 Share this post Link to post Share on other sites
Dead Wait 1,129 Posted June 21, 2020 1 minute ago, Bentrovato said: Coronavirus: Go Outdoors set to call in administrators https://www.bbc.co.uk/news/business-53127083 Hardly surprising given that the company name represents everything we can’t do right now!! 1 Share this post Link to post Share on other sites
Clorox Bleachman 2,395 Posted June 21, 2020 16 minutes ago, Bentrovato said: Coronavirus: Go Outdoors set to call in administrators https://www.bbc.co.uk/news/business-53127083 Aww, what other shop has a £5 loyalty card which slashes prices on almost all of their products? Maybe the high heidyins realise now that it wasn't the best business move. 1 Share this post Link to post Share on other sites
Miracle Aligner 249 Posted June 21, 2020 7 minutes ago, Clorox Bleachman said: Aww, what other shop has a £5 loyalty card which slashes prices on almost all of their products? Maybe the high heidyins realise now that it wasn't the best business move. Cancellation of the festival and summer holiday season will have hit them particularly hard on top of that. 1 Share this post Link to post Share on other sites
time 8,579 Posted June 25, 2020 OK, it hasn't but the optical company 'Olympus' has announced is selling off it's camera company after 84 years, citing competiton from smartphones. Share this post Link to post Share on other sites
Dead Wait 1,129 Posted June 25, 2020 On 21/06/2020 at 14:43, Bentrovato said: Coronavirus: Go Outdoors set to call in administrators https://www.bbc.co.uk/news/business-53127083 Go outdoors bought out of administration by the same company that put it into administration in the first place!! https://news.sky.com/story/amp/jd-sports-buys-back-go-outdoors-after-pushing-it-into-administration-12013411 Share this post Link to post Share on other sites
Bentrovato 1,084 Posted June 25, 2020 43 minutes ago, Dead Wait said: Go outdoors bought out of administration by the same company that put it into administration in the first place!! https://news.sky.com/story/amp/jd-sports-buys-back-go-outdoors-after-pushing-it-into-administration-12013411 This has the whiff of "legal" tax/debt/pension fund deficit avoidance about it. 2 Share this post Link to post Share on other sites
Miracle Aligner 249 Posted June 25, 2020 2,000 jobs to go at Royal Mail All 'managerial'. Share this post Link to post Share on other sites
Drewsky1211 4,703 Posted June 25, 2020 Chuck E. Cheese declares bankruptcy. 1 Share this post Link to post Share on other sites
philheybrookbay 439 Posted June 26, 2020 Plymouth council staff facing redundancy as huge cuts announced https://www.plymouthherald.co.uk/news/plymouth-news/plymouth-city-council-staff-facing-4260337#ICID=Android_PlymouthHeraldNewApp_AppShare A bit close to home. They've opened up an enhanced release scheme for us employees and they want minimum of 200 to go. Nipped into work yesterday to work out my figure should I take it (a shock at the amount -much higher than I expected) but it's a real stick or twist choice... Share this post Link to post Share on other sites
Grim Up North 3,720 Posted June 29, 2020 Byron Burgers You would have thought they would just have let Byron's be Bygones. 1 1 Share this post Link to post Share on other sites
TQR 14,372 Posted June 29, 2020 2 minutes ago, Grim Up North said: You would have thought they would just have let Byron's be Bygones. Boooo! You're better than that. @msc would be proud. Share this post Link to post Share on other sites
time 8,579 Posted June 29, 2020 Shopping centre ownership & management company Intu has gone into (intu?) administration. It has interests in 17 UK shopping centres, including Lakeside, Trafford Centre & Braehead. Estimated value of the company is £16m, down from a high of £16billion in 2006. Prior to the lockdown, it was running a debt of around £4.6billion. Share this post Link to post Share on other sites
Whitehouse 871 Posted June 29, 2020 This is a tough one to swallow.... Cirque du Soleil worldwide announced it filed for bankruptcy. Another big victim of the Covid-19 outbreak. 1 Share this post Link to post Share on other sites
Dead Wait 1,129 Posted June 30, 2020 www.dailymail.co.uk/news/article-8475397/amp/TM-Lewin-close-stores-axe-600-jobs-collapsing-administration.html TM Lewin to close all stores and move operations online. Not a surprise given most of us work from home in our casuals now but a sad day for jobs! Share this post Link to post Share on other sites
Dead Wait 1,129 Posted June 30, 2020 www.mirror.co.uk/news/uk-news/breaking-harveys-furniture-goes-administration-22279107.amp Harveys furniture chain / Bensons for beds in administration......... Share this post Link to post Share on other sites
Spade_Cooley 9,483 Posted July 1, 2020 5,000 jobs gone at Upper Crust, which has to be, pound-for-pound, the worst food establishment in the UK. 1 Share this post Link to post Share on other sites
gcreptile 10,946 Posted July 1, 2020 The Corona layoff wave is now fully underway. Airbus decided to lay off 15.000 people yesterday... I also find it interesting how economic crises reveal frauds - Enron after the dot.com bubble, Bernie Madoff after the Financial Crisis, now Wirecard. Share this post Link to post Share on other sites
YoungWillz 20,943 Posted July 9, 2020 Boots to cut 7% of its workforce (4000 jobs). John Lewis to cut 1300 jobs and close 8 stores permanently. Share this post Link to post Share on other sites
maryportfuncity 10,620 Posted July 20, 2020 Dadrockin' dads must be dying out because Q Magazine is on the way out Link:https://www.theguardian.com/music/2020/jul/20/q-magazine-to-fold-after-34-years?CMP=Share_iOSApp_Other&fbclid=IwAR1rwvT6wSDu7NjhxICtSf-rsE1HgOWH5RqRxqj9O3gunuIm6VcvPEkgLEM Share this post Link to post Share on other sites
