Business > Sport

UK retail chain House of Fraser goes into administration

6 monthes ago   |   By Miami Herald

The department store chain House of Fraser has gone into administration, a decision that puts 17,000 jobs at risk in the 169-year old business. The move came after discussions between...
Read more ...

 

One of the UK's biggest department stores has collapsed into administration, putting 17,500 jobs on the line

One of the UK's biggest department stores has collapsed into administration, putting 17,500 jobs on the line

6 monthes ago   |   By Business Insider

The 169-year-old UK department store House of Fraser has fallen into administration after failing to secure a rescue deal.
The Chinese-owned company has struggled with falling sales in recent years and now has debts larger than its assets.
Accountants EY has been appointed to find a buyer for a business. Sports Direct billionaire Mike Ashley is said to be a front-runner.
House of Fraser employs 17,500 people across the UK. Even if a buyer is found, some of these jobs could be at risk.
LONDON - Beleaguered UK department store House of Fraser on Friday called in administrators after failing...
Read more ...

 


Search by Tags

   Sport  


Samsung partners with Unity to help games run better on Galaxy S10

Samsung partners with Unity to help games run better on Galaxy S10

Samsung is working with game engine maker Unity Technologies to make games run smoother on the new Samsung Galaxy S10 smartphone. Read more ...

Hulk Hogan said he'd want Chris Hemsworth to play him in a movie 6 years...

Hulk Hogan said he'd want Chris Hemsworth to play him in a movie 6 years ago, and now it's actually happening

Chris Hemsworth is set to play Hulk Hogan in a biopic about the former wrestler's life. Hogan said he wanted Hemsworth to play him back in 2013. The movie will focus on Hogan's... Read more ...

Here's what the cast of 'How to Train Your Dragon: Hidden World' looks like...

Here's what the cast of 'How to Train Your Dragon: Hidden World' looks like in real life

The "How to Train Your Dragon" movie trilogy stars Jay Baruchel, America Ferrera, Cate Blanchett, Kristen Wiig, and Kit Harington - just to name a few. Warning: Spoilers ahead... Read more ...

Khabib Nurmagomedov asked one of the greatest fighters in UFC history to...

Khabib Nurmagomedov asked one of the greatest fighters in UFC history to hold off his rumored retirement so they can fight first

UFC legend Georges St-Pierre was rumored to announce his retirement this week. On Wednesday, lightweight champion Khabib Nurmagomedov took to Instagram to challenge St-Pierre... Read more ...

Mueller's findings in the Russia probe could reportedly be delivered as soon...

Mueller's findings in the Russia probe could reportedly be delivered as soon as next week

Attorney General William Barr is ready to announce the end of the Russia investigation as early as next week, CNN reported. The news comes after previous reporting indicated... Read more ...

LIVE: Samsung unveils new Galaxy phones, watches, and more

LIVE: Samsung unveils new Galaxy phones, watches, and more

All eyes are on Samsung as the tech giant is set to announce a handful of new gadgets at its Unpacked event on Wednesday in San Francisco. Reports and leaks are pointing to at... Read more ...

Bernie Sanders responds to Trump's revived nickname for him: 'What's crazy...

Bernie Sanders responds to Trump's revived nickname for him: 'What's crazy is that we have a president who is a racist, a sexist, a xenophobe and a fraud'

President Donald Trump on Wednesday revived a nickname he used for Sen. Bernie Sanders during the 2016 campaign season: "Crazy Bernie." After Sanders on Tuesday announced he's... Read more ...

Save $250 on a Dyson Ball Animal vacuum at Best Buy - and more of today's...

Save $250 on a Dyson Ball Animal vacuum at Best Buy - and more of today's best deals from around the web

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Since you... Read more ...

Trump administration trying to claw back California high-speed rail money

Trump administration trying to claw back California high-speed rail money

The administration Tuesday threatened to withdraw almost a billion dollars in federal funds allocated to a high-speed rail line in California, but the state's governor... Read more ...

Garmin soars to an 11-year high after its full-year guidance crushes...

Garmin soars to an 11-year high after its full-year guidance crushes expectations

Garmin beat on both the top and bottom lines. The company also forecast full-year revenues and profits above Wall Street expectations. Shares gained 15% following the... Read more ...