Restructures and Receiverships – Page 8
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Comment & Opinion
As brands Hun and Babe struggle, is there a future for canned wine in the UK?
Hun said an “extremely tough” festival season in 2021 had led to it calling in the administrators
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News
Canned wine brand Hun sold to owner as rival brand Babe exits UK
Hun, which was backed by Waitrose executive director James Bailey, has been acquired by its wine supplier Origin Wine after running aground
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News
Morrisons confirms McColl’s rescue package
Morrisons has confirmed it has agreed to buy convenience chain McColl’s from administration, saving all 16,000 jobs
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News
Morrisons set to win McColl’s rescue battle
Morrisons has reportedly seen off EG Group to secure a rescue package for stricken convenience chain McColl’s
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News
City Snapshot: Morrisons and EG Group improve bids in fight for McColl’s
Morrisons and EG Group are reportedly locked in a two-way fight to rescue convenience chain McColl’s after both made a last-ditch improvement to their bids
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News
McColl’s falls into administration after rescue talks fail
Convenience chain McColl’s has fallen into administration after failing to agree a financing package to ensure its survival
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News
City snapshot: McColl’s ‘increasingly likely’ to fall into administration
Beleaguered convenience chain McColl’s has admitted it is on the brink of administration as rescue talks to save the group come to a head
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News
Bleiker’s Smokehouse under investigation for food fraud as it enters administration
The North Yorkshire-based smokehouse was previously a supplier of fish products to major UK supermarkets but it is now under investigation by the National Food Crime Unit
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News
City snapshot: McColl’s to request suspension of shares
Troubled convenience store chain McColl’s is to request a suspension in trading of its shares after announcing it will fail to publish its annual accounts by the stock market deadline
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News
City snapshot: McColl’s trading slows as rescue talks continue
McColl’s has issued a profits warning after slower than expected Easter trading, while it remains locked in talks with its lenders and Morrisons over a financing package to enable its ongoing trading
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News
McColl’s shares surge 70% higher as c-store chain remains locked in talks with lenders
Embattled convenience store retailer McColl’s has said it knows of no reason for a sudden surge in its share price today.
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News
Tomato producer Sterling Suffolk rescued from administration
The company brought in administrators on 29 March after a downturn in trading and soaring energy prices forced it into administration
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News
Cecily’s plant-based ice cream brand calls in liquidators
Cecily’s made an award-winning range of eight organic dairy-free ice creams made using coconut milk and coconut sugar
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News
JC Rook & Sons falls into administration with 155 redundancies
Butchers chain JC Rook and Sons has ceased trading after the Omicron surge at the end of 2021 hampered the peak Christmas period.
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Analysis & Features
What’s gone wrong for McColl’s? And what are its next steps?
The pandemic convenience boom enjoyed by its rivals seems to have missed McColl’s out. Can its Morrisons Daily conversions save the day?
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News
City News: McColl’s shares collapse after confirmation of rescue talks
Shares in beleaguered newsagent chain McColl’s crashed yet further this week after it confirmed it was in emergency talks with lenders to raise funds to avoid collapse
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News
Scottish Seafood player Dawnfresh falls into administration
Dawnfresh, one of the UK’s largest fish and seafood producers and processors, has collapsed after struggling with rising costs, resulting in 200 jobs being lost
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News
McColl’s shares crash as c-store chain admits fight for survival
Shares in McColl’s have lost more than half their value today after the c-store group confirmed it is in talks with lenders to prevent a collapse into administration.
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News
City Snapshot: McColl’s confirms talks with banks to save it from collapse
McColl’s has confirmed it is talks with lenders as the c-store chain seeks to raise fresh capital to prevent it falling into administration. Plus, full-year results from Kitwave Group and a half-year trading update from Associated British Foods.
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News
Quantock Brewery rescued from administration
Somerset Ales, a microbrewery trading under the Quantock Brewery brand, has been saved from administration