Shoon’s unsecured creditors are not expected to receive any of the total £1.6 million they are owed.
Debenhams has insisted it has a "healthy balance sheet and cash position" after credit insurer Euler Hermes withdrew its cover.
The CEO of Asda is the latest high-profile retail figure to add his voice the chorus of hard Brexit warnings.
The UK's biggest retailer has joined forces with France's biggest retailer in announcing an intention to enter into an alliance.
The international CO2 shortage is beginning to take its toll on the retail sector as suppliers try to minimise the impact.
Swathes of small suppliers could be in danger of losing out as the Big 4 supermarkets look to review their product ranges
The Food Standards Agency (FSA) has called an end to “emergency measures” imposed on 2 Sisters Food Group.
Amazon has reportedly launched a major search for brand new, multi-level fulfilment centres in the West Midlands & the North East
The competition markets authority (CMA) has officially approved Co-op’s takeover of convenience store chain Nisa.
House of Fraser is due to start selling premium Chinese brands previously unavailable in the UK thanks to a new supply programme.