A stock market bloodbath saw £37 billion wiped off the FTSE 100 on Friday as a host of weak economic data pummelled shares.
Paperchase has gained approval for a radical shake-up of its rent obligations amid declining footfall on the high street, putting a handful of stores at risk of closure.
Sir Philip Green’s retail empire has appointed property advisers to handle talks with landlords as it mulls restructuring plans
Sainsbury’s and Asda have offered to sell up to 150 stores as part of efforts to address competition concerns over their £12 billion merger, and claimed that shoppers would be deprived of lower prices should it be blocked.
Fever-Tree is set to post an increase in annual profits next week after the mixer maker benefited from last summer’s heatwave and bumper Christmas trading.
Mike Ashley has ramped up his efforts to gain control of Debenhams as the department store chain puts in motion plans to secure £200 million in new funding.
Thomas Cook has announced plans to close 21 high street stores, resulting in 320 job losses.
Smiths Group has revealed it will float its medical business on the stock market as part of plans to split the division off from the rest of the company.
Royal Mail has appointed former British Airways boss Keith Williams to be its new permanent chairman as the group grapples with the fast-changing delivery market.
The FTSE 100 was riding high on Thursday as the pound was dealt further Brexit blows in a bruising day for the British currency.