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Tag: appoint

Debenhams to appoint administrators for second time in a year | Business

Debenhams has confirmed it intends to appoint administrators for the second time in a year as it tries to protect its assets from creditors during the coronavirus lockdown. The struggling department store chain said the process would provide it with protection from the threat of legal action “that could have the effect of pushing the …

Debenhams to appoint administrators for second time in a year | BusinessRead More

Mothercare to appoint administrators for UK chain, putting 2,500 jobs at risk | Business

Mothercare is to appoint administrators to its UK high street chain, putting 2,500 jobs at risk. The baby and maternity retailer said it had become clear its 79-shop UK chain, which lost £36.3m last year, would not return to profitability and that it had failed to find a buyer for the business. The shops will …

Mothercare to appoint administrators for UK chain, putting 2,500 jobs at risk | BusinessRead More