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Tag: closes

Philip Green’s Arcadia closes more stores after tough Christmas | Business

Sir Philip Green’s Arcadia Group, the owner of Topshop, Topman and Dorothy Perkins, is closing a fresh wave of stores in the wake of a tough Christmas. The company, which also owns Evans, Burton, Miss Selfridge and Wallis, has quietly confirmed the closure of at least 12 sites in the last few weeks, including one …

Philip Green’s Arcadia closes more stores after tough Christmas | BusinessRead More

Stockton-on-Tees rues ‘bloody online’ as Debenhams closes | Business

There’s been a department store in the market town of Stockton-on-Tees for over a century. But the last one closed its doors for the final time on Wednesday when Debenhams pulled down the shutters. The store is one of 19 being closed across the country by the beleaguered chain this month, and it’s a big …

Stockton-on-Tees rues ‘bloody online’ as Debenhams closes | BusinessRead More

SoftBank-backed Zume cuts 360 jobs, closes pizza delivery business

As for his relationship with SoftBank, Garden says, “It’s incorrect that there was any acrimony. We are in constant discussion with them in a constructive way.” He says that SoftBank, and Zume’s other investors, are aligned with the changes being made today. Garden says that when he was first introduced to Masayoshi Son, SoftBank CEO …

SoftBank-backed Zume cuts 360 jobs, closes pizza delivery businessRead More

SoftBank closes $231 million investment in Lenskart, Retail News, ET Retail

NEW DELHI: SoftBank has invested about $231 million (Rs 1,645 crore) in Lenskart Solutions after months of negotiations with the eyewear solutions company. The Japanese group will back the Faridabad-based company, now valued at $1.5 billion from its second Vision Fund The financing round was first reported by ET in its edition dated May 27. …

SoftBank closes $231 million investment in Lenskart, Retail News, ET RetailRead More

Mamas & Papas closes six stores and cuts nearly 130 jobs | Business

High street closures in 2019 Thousands of high street jobs have been lost this year as a result of high profile retail administrations and thousands more are at risk as Mothercare, Debenhams and Forever 21 prepare for closures. Here are some of the key industry names that have been affected. Mothercare: Has 79 stores and …

Mamas & Papas closes six stores and cuts nearly 130 jobs | BusinessRead More

Barneys store liquidation sales to begin soon, bankruptcy deal closes

A Barney’s store stands in lower Manhattan on August 06, 2019 in New York City. Barneys, one of America’s most exclusive clothing stores, has filed for bankruptcy. Spencer Platt | Getty Images Store liquidation sales at Barneys New York will begin soon, according to a release issued Friday. Private sales will begin next week for …

Barneys store liquidation sales to begin soon, bankruptcy deal closesRead More