Restructures and Receiverships
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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 in administration deal
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
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NewsMagnum unveils vision for growth outside of Unilever
The Magnum Ice Cream Company has unveiled its vision for growth after its official split from Unilever in November 2025
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NewsPoundland’s ‘market-leading’ £3 meal deal off shelves until at least October
Sandwiches and other basic chilled lines have been missing from Poundland shelves for more than a week as it implements a restructure plan
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NewsPets Choice swoops for Kennelpak brands
Petfood manufacturer Pets Choice has swooped for several brands from collapsed wholesale petfood supplier and distributor Kennelpak
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NewsRoberts Bakery to close Derbyshire factory amid restructure
The Derbyshire site is responsible for manufacturing artisan and specialised bread and morning goods
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NewsPoundland restructure plan receives High Court approval
‘Today’s decision is vitally important for Poundland, allowing us to stabilise the business, securing the future of hundreds of stores and thousands of jobs,’ said Poundland MD Barry Williams
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NewsPoundland will run out of money in days if restructure plan is not approved, lawyer tells court
Tom Smith KC said: ‘The latest liquidity forecast shows that the group will run out of cash in the week ending 7 September 2025’
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Comment & OpinionWhat makes Poundland MD Barry Williams think the £1 concept can still work?
A pound today equates to 40p when Poundland first opened in 1990. So why is Williams still chasing the price point?
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NewsPoundland MD Barry Williams on returning to £1 basics to win back shoppers
Poundland has begun rebooting its store proposition as it prepares for the recovery phase of its turnaround