All Restructures and receiverships articles
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NewsAllplants owner Matthew Mills acquires Fairoak Foods out of administration
The deal to buy the business and assets, including a fully fitted and equipped 6,700 sq ft factory, of the Surrey-based private label food manufacturer saved the jobs of about 60 staff
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NewsNumber of late and unpaid invoices shoot up 50% in sector amid Iran war
Data from insurer Atradius showed a 50% month-on-month spike in claims in March, the first full month since the start of the Iran war
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NewsPoundstretcher creditors to vote today on restructure plan
A lawyer for Poundstretcher told the High Court earlier in May that Poundstretcher was likely to file for administration and sell off remaining stock if the plan was blocked
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NewsHolmesterne Foods rescue attempt fails
Holmesterne was served a winding-up petition by meat wholesaler GPS Food in late April 2026
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NewsTG Jones could shut up to 150 stores under restructuring plan
Parent company Modella Capital, which purchased WH Smith last year then rebranded stores to TG Jones, said the decision was due to ‘highly challenging trading conditions’
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Analysis & FeaturesCan John Vincent strike the right balance in Leon’s ‘new era’?
The founder is taking Leon back to its roots, but trends move quickly
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NewsSales dip at East of England Co-op as turnaround drives profit growth
The drop in turnover was party driven by a decision ‘to rationalise the trading estate to focus on driving higher profitability’
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Comment & OpinionSouthern Co-op’s merger must go ahead if it is to adapt and survive
Without intervention, Southern Co-op would likely not be able to continue trading in its current form, say CEO Ben Stimson and chair Janet Paraskeva
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NewsNestlé to slash 450 jobs in UK as part of turnaround plan
Nestlé UK is set to cut more than 450 jobs across the country as part of CEO Philipp Navratil’s restructure of the food manufacturing giant
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NewsSouthern Co-op warns of insolvency without merger
If members vote ‘no’, Southern Co-op said an external administrator would be appointed
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NewsAll Original Factory Shop stores and head office closed
TOFS entered administration in January, with its PE owner Modella Capital – also owner of TG Jones – blaming weak consumer confidence
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NewsDistress risk at retailers high even before start of Iran war
The sector remains the most distressed in Europe, with levels of default risk in the first quarter of 2026 significantly higher than a year ago and its highest level since the global financial crisis, the latest Weil European Distress Index revealed
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NewsEnterprise Foods’ sudden collapse forces Co-op to step in with supplier support
The Scotland-headquartered group, which underwent a full rebrand as Localist – The Food Merchant in 2025, has appointed liquidators at Begbies Traynor to handle the winding-up of the company, which ceased trading on Wednesday.
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NewsTwo more artisanal chocolatiers liquidated in wake of cocoa price surge
Horsham’s Cocoa Loco and Nottingham’s Gourmet Chocolate Pizza Co entered liquidation in early March
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InterviewsAnthony Houghton on Holland & Barrett’s epic turnaround
Holland & Barrett has been transformed to take advantage of a ‘structural shift’ towards wellness, now group CEO Anthony Houghton has his sights on its next chapter.
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NewsInnis & Gunn sold in £4.5m pre-pack administration to Tennent’s owner C&C Group
It follows the collapse and rescue deal at BrewDog in what has been a terrible week for Scottish craft beer
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NewsHospitality supplier King Foods ceases trading in face of industry pressures
Advisory firm Interpath was appointed as administrator to Foodstore Ltd, which traded as King Foods, on 5 March
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Comment & OpinionBrewDog sale is a s***show for staff as well as investors
BrewDog debacle has let down staff and investors, and smacks of corporate greed, mismanagement and heartlessness
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NewsBrewDog founder James Watt set for last-minute rescue bid
James Watt, who started BrewDog with Martin Dickie in 2007, is negotiating financial backing from external investors to back his bid for the ailing company
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NewsPersonal care specialist Expac buys MPM in pre-pack deal, saving 75 jobs
MPM had fallen into difficulty in late 2025, and entered administration on 30 January