Europe’s largest white-label operator, which operates more than 260 hotels across 12 European countries and 146 cities, has filed for insolvency. Revo Hospitality Group, formerly known as HR Group, was founded in 2008 and is set to be restructured under self-administration by the summer. The move affects about 140 companies within the group, but all…
The pressures of the cost of living have overtaken general financial mismanagement as the number one reason for credit debt in B.C. According to the 2025 BC Consumer Debt Study (BCCDS), this is the first time in its annual report’s 13-year history. The authors of the study say that 26.9 per cent of those surveyed…
“Over the past year we’ve seen an uptick in people applying for debt consolidation personal loans, as well as an increase in the amounts they’re asking for, which is consistent with the cost pressures we know people are feeling.” A Westpac survey of 1087 customers found more than a quarter (28%) are concerned their holiday…
Francesca’s, the Houston-based women’s boutique and shopping mall staple, is preparing to close all its stores nationwide after more than 25 years in business. The company, which has five stores in Austin and four in San Antonio, is winding down operations and liquidating inventory across its 457 locations, Women’s Wear Daily reported. Francesca’s has not made…
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The Fremont Fire Department is kicking off its Annual Fund Drive on Feb. 2 with a goal of raising $30,000. Each year, the department conducts a fund drive to allow the citizens of their response area to contribute. This fund drive goes specifically to the truck fund to reduce debt on the new fire engine…
Parent company of Kentucky Owl bourbon files for bankruptcy, moves to liquidation WDRB Read the original article here
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REVEALED: Latest business liquidations in Monash Herald Sun Read the original article here