Canada’s oldest company, Hudson’s Bay, could soon permanently close its doors to customers as it runs out of business more than 350 years after it began. Financial struggles in an ever-changing retail landscape have pushed the company to the brink as it awaits court approval to liquidate all of its stores across the country. The…
Retail sector faces disruption as major department store heads for liquidation Benefits and Pensions Monitor Read the original article here
Jenna Lennon was the director of Hope & Pride Limited when it went into liquidation in September 2023 HM Revenue and Customs (HMRC) estimated the company owed more than £300,000 in unpaid corporation tax at the time of liquidation Lennon failed in her duties as a company director to preserve or maintain adequate accounting records…
Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds, says: “The monthly increase in corporate insolvencies is driven…
Beston to be liquidated after last ditch rescue bids fails Adelaide Advertiser Read the original article here
Bankrupt iconic retail chain begins liquidation, closing stores MSN Read the original article here
Hudson’s Bay liquidation of all stores could start as soon as Tuesday MSN Read the original article here
Posted By: Peter Gosnell 19 March 2025 BDO partner Jeff Marsden. BDO national leader, business restructuring, Duncan Clubb. Novel was the word on Monday when parties warring over the fate of clothing retailer Ally Fashion came before the Corporations List judge of the NSW Supreme Court. Ally was ordered to be wound up on February…
Administrators to put Welshpool business up for sale The West Australian Read the original article here
Top business groups such as JSW, Dalmia Bharat, Jindal Power, Vedanta, GMR, Welspun and Torrent have reportedly submitted expressions of interest (EoIs) for Jaiprakash Associates Ltd (JAL). The Adani Group is also expected to submit an EoI before the final deadline of March 25. According to a report in The Economic Times, another large Delhi-based…