All Restructures and receiverships articles – Page 5
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NewsUK Salads suppliers still looking for produce buyers, three weeks after collapse
Two suppliers have told The Grocer they have not heard from UK Salads or Aldi since administrators were appointed
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NewsAldi salad supplier UK Salads appoints administrators
The Aldi salad supplier has appointed administrators, with The Grocer understanding that unsecured creditors will be owed as much as £10m
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Analysis & FeaturesWhen will the price be right to get deal volumes moving?
Newlat’s exit from Princes takeover talks reflects a market in which deals are not getting done. What’s stalling activity, and will it pick up?
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Comment & OpinionBody Shop's demise highlights the threats to ethical trading
After The Body Shop was bought by a global rival business, it became more centralised and we heard very little of the strong value messages it was famous for, says Albert Tucker, chair of Etico Ethical Trading Company
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NewsBritish Corner Shop owes M&S £500k after downfall
The British Corner Shop owes a total of £2.5m to creditors, a new administrator’s report shows
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NewsWholegood founder Carl Saxton-Pizzie back as CEO in turnaround bid
Wholegood has parted ways with CEO Martin Sandler, with founder Carl Saxton-Pizzie retaking the reins as the specialist wholesaler looks to cut costs
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NewsThe Body Shop’s UK arm placed into administration
The private equity owner of The Body Shop has placed the UK chain into administration just three months after buying it
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Analysis & FeaturesWhat does the forecourt sell-off mean for Morrisons?
Morrisons has sold 337 forecourts in a £2.5bn deal designed to alleviate its debt. So how will the move help new boss Rami Baitiéh’s plans?
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NewsArla seeking buyer for its stilton creamery Tuxford & Tebbut
The dairy co-op has launched a review of the facility, which employs 60 staff
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NewsHeather Mills strikes rescue deal for VBites
Heather Mills has bought the assets of her collapsed plant-based VBites empire from administrators in a rescue deal worth £1m, The Grocer can reveal
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NewsVibrant Foods back in growth as transformation takes effect
World foods specialist Vibrant Foods is back in growth following a £30m refinancing
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NewsCity snapshot: Sainsbury’s to wind down core banking operations
Sainsbury’s has announced it will wind down its core banking operations and instead offer financial services via third party financial groups. Plus updates from Cranswick, Pepco, Bakkavor, Naked Wines and C&C Group
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NewsMajor apple supplier begins shutdown following price challenges
The apple producer cited a lack of retailer returns as a significant reason for its financial challenges
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NewsExpat favourite British Corner Shop enters administration
The Bristol-based online retailer has ceased trading with all 20 employees made redundant
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NewsPilgrim’s Pride brings in ‘boys from Brazil’ for ‘brutal’ £4.2bn restructure
The protein giant has created a new European executive team tasked with driving further integration of Moy Park, Pilgrim’s UK and Pilgrim’s Food Masters
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NewsSupreme acquires sports nutrition supplier FoodIQ UK from administration
Listed consumer goods group Supreme has acquired plant-based supplier FoodIQ UK from administration for £175k to broaden its portfolio
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NewsChristmas deadline set to find buyer for collapsed VBites
Administrators are racing to find a new buyer for Heather Mills’ vegan brand VBites before a Christmas deadline following its collapse into administration
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NewsHeather Mills’ vegan empire VBites calls in administrators
VBites, the vegan meat and cheese producer created by Heather Mills, has called in administrators after failing to attract new funding amid cost pressures
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NewsRenshaw acquired in rescue deal by British Bakels as parent Real Good Food collapses
Cake decoration brand Renshaw has been saved after a long-running turnaround attempt by owner Real Good Food failed, with the business rescued from administration by a Swiss bakery ingredients manufacturer. The deal saves 200 jobs.
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NewsReal Good Food hires recovery specialist as it sells off Rainbow Dust brand
Cake decoration specialist Real Good Food has sold its Rainbow Dust brand and hired an insolvency specialist to explore options for the remaining Renshaw business