Retailers seek online sales tax amid high street crisis

Business
Retailers seek online sales tax amid high street crisis 20/05/2019 Retailers have called on the government to introduce an online sales tax in order to fund a reduction in business rates for brick-and-mortar retailers, as the number of high street
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Cotswold Outdoor has CVA application approved

Business
Cotswold Outdoor has CVA application approved. 14th May 2019. The group behind Cotswold Outdoor, Outdoor and Cycle Concepts (O&CC), is moving forward with a CVA after creditors backed a plan that will see stores close and applications for rent reductions
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Monsoon Accessorize pursue CVA

CPA Blog
Monsoon Accessorize pursue CVA 24/04/2019 Fashion retail chain Monsoon Accessorize is looking to enter into a company voluntary arrangement (CVA) to stay afloat, with accountancy group Deloitte hired to help secure the arrangement. “Dozens” of the chain’s 270 stores across
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UK store closures at a record high

Business
UK store closures at a record high 15th April 2019. Business conditions for brick-and-mortar retailers in Britain continue to remain challenging, with new figures suggesting that the number of UK high street shop closures reached record highs last year. 5,883
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Debenhams in administration

Business
Debenhams in Administration Tuesday 9th April 2019. Control of Debenhams has fallen into the hands of its lenders as part of an administration process. Debenhams has 166 stores, which for now continue to trade, although it has indicated that 50
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