Colliers: CVAs unlikely to save North West retailers from administration

Company Voluntary Arrangements (CVAs) are unlikely to save struggling North West retailers from administration according to new research from Colliers International.The Colliers’ study showed up to 10 store closures in Manchester resulted from CVA insolvency process and administrations in 2018, with a further five in Chester.Facing the need to shut sites and reduce ... Read More...

H&M’s ARKET heading to Liverpool ONE

A new store from the H&M Group described as a “modern-day market” is to open in Liverpool ONE.Expected to launch in early autumn, ‘ARKET’ will occupy a two-storey unit previously home to H&M on Paradise Street.Offering “essential products” for men, women, children and the home, the new store will include a vegetarian ... Read More...

Toxteth shipping containers to help local entrepreneurs in ‘difficult times’ for high street

Liverpool’s proposed shipping container retail scheme will help entrepreneurs grow in “difficult times” for the high street, according to its developer.CanCo wants to recreate the success of similar schemes in London’s Shoreditch and Brixton areas with its development on Lodge Lane.If granted permission from Liverpool City Council, the development will use ... Read More...

M&S: Decision to close Hardwick distribution centre ‘not taken lightly’

Marks & Spencer says closing its Hardwick Grange distribution centre near Warrington was “not a decision taken lightly”.The site will cease operations in September, with work transferring to other locations across the UK, including one in Bradford.Hardwick is operated by third party logistics specialist XPO Logistics with transport operations provided by ... Read More...