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We do not include takeovers unless we see this as being equivalent to business failure. Please read the legal stuff below. As we all know these days, failure is often a temporary inconvenience; we are not suggesting that these businesses no longer survive, simply that they have experienced difficulties and the people with slide rules have moved in at some time.
We have put the pre list of companies in administration into the Section on Previous Reports. Companies failing Stores Affected Employees Affected September 30 2, 39, 12 months 44 1, 12, 12 months 30 1, 26, 12 months 25 6, 12 months 43 1, 12, 12 months 49 2, 25, 12 months 54 3, 48, 12 months 31 2, 24, 12 months 26 10, 12 months 37 6, 26, 12 months 54 5, 74, 12 months 25 2, 14, The Centre has analysed the main retail failures in the period since the recession.
There are 32, with 12, stores affected and , employees. Woolworths was the biggest casualty in this period with stores and 30, staff, BHS was the second largest in terms of stores and House of Fraser the second largest in terms of staff.
These figures are based on the CRR's own research over this period. Further details can be downloaded here. Some of these companies recovered and came out of administration; some were bought by other businesses; some were sold as going concerns but changed their name; for some, the name was bought and this is still used, but under different ownership; and others ceased to exist.
The presence of any business in this historical listing must not be taken to imply that it no longer exists, its name is not used or that such business, if still trading, is impaired in anyway.
In February widespread concern was expressed about how recent business failures had been handled. There is no imputation of illegality made, it is just odd.
Tweet Tell a friend about this page. Who's Gone Bust in Retailing ? September Note that this list and similar lists for to relate primarily to medium or large retail businesses. Who's Gone Bust in Retailing? Can Thieves Compensate Business? Tell a friend about this page.
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The Centre for Retail Research - Who's Gone Bust in Retail UK.