Saturday, January 19, 2019

Arcadia warned BHS trustees that the business was being “stripped to the bone”

In 2009, Arcadia informed BHS pension trustees that the chain was "being stripped to the bone" and that it did not have the funds...

Lord Myners leads Sir Phillip Green‘s BHS interrogation

Lord Myners has taken direct action in investigating Sir Phillip Green‘s involvement in the collapse of BHS, following a decade-old dispute with the retail...

Breaking: BHS leaves the high street

Last attempts at saving British department store chain BHS have failed to materialise, causing the retailer to officially cease trading. BHS will depart from...

Green only paid £10m a year for BHS pension deficit

Sir Philip Green refused to contribute more than £10m a year to BHS‘s pension scheme despite its clearly growing deficit. Margaret Downes, the former...

Potential BHS buyers told to increase bids

Parties interested in BHS have been told by administrators to increase their offers. Duff & Phelps, which was brought in as BHS‘s administrator four...

Administrators will only approve offer for entire BHS chain

The number of bidders for BHS, which fell into administration last month, is understood to have been whittled down to around four as administrators...

BHS sale would award Green £35m

As shop staff and sympathetic onlookers hope a strong buyer will emerge for BHS, Sir Philip Green could continue to make money from the...

Macy’s hurt by falling consumer confidence

Macy‘s had recorded a significantly larger than expected fall in its quarterly revenue and cuts in its full-year predictions. The drop comes as a...

Harrods Boss extends tenure till 2017

Harrods Managing Director Michael Ward has extended his tenure and will continue to lead the business until the beginning of next year. Ward was...

PPF up against £275m over BHS pension liability

The Pension Protection Fund (PPF) is up against approximately £275m liability charges from the BHS's £571m pension black hole, MPs have heard.According to Sky News, Alan...

Feature Resource

2019 e-commerce marketing calendar

The one thing you'll need to make it through 2019 Welcome to 2019! To help you face the challenges of the new year head on...