All Restructures and receiverships articles
-
NewsMighty Drinks brand rescued by plant-based protein supplier The Mighty Kitchen
The Mighty Drinks brand will live on after administrators at the dairy-free milk alternatives business secured a sale to The Mighty Kitchen
-
NewsPoundland closing 37 stores in August as restructuring plan gets underway
They are among 68 stores that were earmarked for closure in a restructuring plan announced in June
-
NewsFormer Manchester United sponsor Wow Hydrate set for relaunch following administration
Replenish+ Ltd, which is connected to Wow Hydrate by a common director, agreed to rescue the brand, buying the business and assets as a going concern
-
NewsJobs lost as dogfood supplier Kennelpak calls in administrators
Wholesale petfood supplier and distributor Kennelpak has been placed into administration, resulting in 51 job losses
-
NewsRoberts Bakery to axe up to 250 jobs as part of factory restructure
Roberts Bakery is to radically restructure its factory in Cheshire after facing numerous challenges, with up to 250 staff facing redundancy
-
NewsRetail distress surges to highest level since financial crisis
Tight credit conditions, cost inflation and weak consumer demand have contributed to a sharp rise in financial distress in the sector
-
Comment & OpinionIt’s too late for Mighty but plant-based is bouncing back
Mighty Drinks has joined the unenviable ranks of plant-based brands going to the wall – but there’s more to the story than failure
-
NewsMighty Drinks hopes for rescue deal after calling in administrators
Mighty Drinks has collapsed into administration, with specialists at recovery firm Interpath searching to put together a rescue deal to save the milk alternatives brand
-
Comment & OpinionPoundland is right to ditch frozen food – it is in no position to take on Aldi and Lidl
Turning around Poundland will not be easy, so it shouldn’t be surprising that its plan includes some fairly drastic measures
-
NewsPoundland confirms restructure plan, with up to 150 stores to close
Poundland’s frozen and digital distribution centre at Darton, South Yorkshire, is set to close later this year under the plan, followed by its national distribution centre at Springvale in Bilston, West Midlands, in early 2026
-
NewsPoundland owner Pepco completes sale of struggling retailer for nominal sum
Poundland MD Barry Williams will continue to lead the business under the new ownership of the retail-focused investment firm Gordon Brothers
-
NewsBabease ceases trading as organic babyfood brand’s owner calls in liquidators
It is not the first time the business has been forced to call in insolvency practitioners, with Babease previously saved in a pre-pack administration deal in 2019
-
NewsAvara Foods appoints new CEO to succeed departing Andy Dawkins
Andy Dawkins will remain as a non-executive director of Avara Foods Holdings
-
Analysis & FeaturesWhy so many food startups fail and what founders learn
No one wants to talk about the possibility of failure. But there is much to learn from the entrepreneurs who risked it all and didn’t come out on top
-
NewsVertical farming giant Jones Food Company appoints administrators
The Lydney, Gloucestershire-based business closed its doors on Monday 7 April with 61 staff made redundant
-
InterviewsRenée Elliott’s story of Planet Organic’s ‘miracle’ turnaround
Planet Organic founder Renée Elliott says her return to rescue the business is ‘the hardest I’ve ever worked’. So how has she got it back on track? And what’s needed to complete the ‘fairy tale’?
-
NewsCheesegeek sold in pre-pack administration deal as backer Steven Bartlett loses out
Artisan online cheesemonger Cheesegeek has been rescued from administration by the Albex Group, The Grocer can reveal. However, the pre-pack deal means Steven Bartlett and other backers, including the crowd, won’t see a return on their investment
-
NewsGrubby set to relaunch Allplants ready meals range thanks to IP deal
Vegan recipe kit brand Grubby is preparing to relaunch the Allplants range of plant-based meals after swooping to pick up the exclusive rights to the failed company’s recipes and manufacturing methods
-
Analysis & FeaturesWhat does Ella Mills’ Allplants purchase mean for ailing plant-based category?
Ella Mills injected a much-needed dose of optimism into the ailing plant-based category last week as she picked up Allplants from administrators
-
NewsGunna Drinks collapse leaves wake of angry crowd investors behind
Craft soft drinks brand Gunna has collapsed into administration, with crowd investors staring at losses of almost £4m as a result