All Restructures and receiverships articles
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NewsLeon appoints administrators with several restaurants set to close
The restructuring will involve the closure of several of Leon’s restaurants and a number of job losses
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NewsSunrise Bakery lives to see another day following pre-pack deal
A third party immediately bought the business, allowing the business to keep trading, with no redundancies made
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NewsHungryPanda fends off winding-up petition after tax bungle
HungryPanda said it had been unable to establish effective contact with HMRC
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NewsUrban Legend non-HFSS doughnut tech snapped up by Cadbury
It remains unclear in what capacity Cadbury owner Mondelez International, which was one of the major backers of Urban Legend, intends to use the equipment
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NewsJulienne Bruno brand rescued in pre-pack administration deal
The move adds to Compleat Food Group’s plant-based offering, sitting alongside vegan cheesemaker Palace Culture, acquired in 2023, and the Squeaky Bean and Vadasz brands
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NewsAmazon axes 14,000 office jobs to ‘stay nimble’ in AI age
Amazon has confirmed plans to cut around 14,000 office jobs, after telling staff it needed to be ‘organised more leanly’ to succeed in the age of AI
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NewsRoberts Bakery owes creditors almost £40m after collapse
A new report lifting the lid on the administration of the historic bakery also revealed how much the Boparan Private Office and Warburtons paid for the business and its assets
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Analysis & FeaturesWhy is Nestlé making 16,000 job cuts and what has been the reaction?
The cuts will come alongside an accelerated plan to power growth by slimming down Nestlé to its best-performing brands
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Comment & OpinionCo-op faces many questions over its commercial and logistics restructure
Offering suppliers a single point of contact in which it can simultaneously close deals with 8,000 outlets across multiple routes to market is very attractive, but the plans have got off to a shaky start
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NewsNestlé job cuts plan welcomed by investors
Nestlé’s plan to cut 16,000 jobs over the next two years may do little for staff morale, but was heartily welcomed by investors
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NewsRetail distress now exceeds 2009 financial crisis levels
Weak demand, fragile confidence and continued disruption from US tariffs have continued to weigh on performance
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Comment & OpinionWhat next for rescued Roberts Bakery following Boparan deal?
Why on earth does the ‘Chicken King’ want a struggling factory selling traditional and out-of-fashion sliced bread? No one seems to know
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NewsWarburtons acquires Roberts Bakery factory
Market-leading bakery Warburtons has acquired a speciality bread factory from Roberts Bakery, The Grocer can reveal
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NewsJoe Delucci’s hits the buffers… again
Serial phoenix company Joe Delucci’s has gone belly-up again, owing an estimated £1.1m to creditors
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NewsRoberts Bakery seals rescue deal saving more than 400 jobs
Roberts Bakery has been rescued by a private investment firm saving more than 400 jobs and preserving the 138-year-old business
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NewsRoberts Bakery prepares for administration with hundreds of jobs at risk
Roberts Bakery filed a notice of intention to appoint an administrator with the courts yesterday
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Comment & OpinionUrban Legend’s demise: self-fulfilling prophecy or cautionary tale?
What went wrong for Urban Legend? The name? The proposition? The science?
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NewsJamie Oliver vehicle Viva Foods hits the buffers
Viva Foods’ estimated shortfall to creditors will amount to £232k, according to liquidators’ estimates
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NewsPoundland puts 11 planned store closures ‘on hold’
The 11 were among 68 stores set to close in a restructure plan announced in June, following Poundland’s sale by Pepco Group to investment firm Gordon Brothers
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NewsUrban Legend prepares for collapse in blow to non-HFSS snacking
It is understood a deal has been agreed by an unnamed buyer for the IP and patented technology behind the company’s scientifically engineered non-HFSS doughnuts