The Salad Kitchen has secured a ninth site, Propel reports, taking the brand beyond the eight shops listed on its own website. The London salad business has said it plans to grow nationwide through franchising, MCA Insight reported earlier, and…
David Jones, a 188-year-old retailer, has entered administration for the first time as its board appointed McGrathNicol as voluntary administrators. FTI Consulting has been appointed as receivers to manage the business until it can be restructured and sold. The company’s…
In the press release, Luckin attributes this setback to a high prior-year comparison base due to elevated subsidies offered by food delivery platforms during the comparable period. If it maintains its current rate of growth, Luckin could overtake Starbucks as…
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Almost 300 jobs have been lost following the collapse of Ilkeston furniture manufacturer Westbridge Furniture, with administrators warning that unsecured creditors are unlikely to recover any money. The company, part of the Belfield furniture manufacturing group, entered administration on March 23, 2026, with…
Owners Gordon Brothers say ‘all avenues’ are being pursued to protect jobs The future of high street discount store Poundland is still to be determined, with owners Gordon Brothers saying “all avenues” are being pursued to protect jobs and value.
David Jones, Australia's 188-year-old department store chain, entered voluntary administration on Thursday, as rising costs, sluggish retail sales and supply chain pressures weighed on its business. The retailer joins other Australian firms that have restructured, cut jobs or closed as…
TradingView CHK Oil Says Creditor Will Not Present Winding-Up Petition Until Determination Hearing Adjourned
The Office of the Registrar of Companies (ORC) has announced plans to strike off 453 companies from the Companies Register and the dissolution of 323 others for failure to comply with statutory requirements. In a press release dated November 4, 2026, the ORC said…
PCEO. Maharlika Investment Corporation President and CEO Joel Consing speaks to the media on Thursday, November 5. Rafael “Joel” Consing Jr. knows exactly when his time at the Maharlika Investment Corporation (MIC) ends. November 23. Five o’clock sharp. But who will take…
Companies in trouble and how they are rescued or wound down: bankruptcy filings, restructurings, store closures and insolvencies around the world.
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