The new chairwoman of John Lewis is preparing to launch a strategic review of the ailing mutual as it releases a dire set of results, which are expected to include big write-downs to the value of its properties.
The owner of a huge housing development next to Wembley stadium is among private equity firms vying to take a majority stake in Asda.
Fresh doubts have been raised over Debenhams’ prospect of survival, after it told landlords its lenders may not sign off a critical debt restructuring unless they consent to further dramatic rent cuts.
Controversial rent-to-own operator Brighthouse is on the brink of collapse after being inundated with compensation claims.
Supermarket chain Morrison (Wm) Supermarkets (MRW) and DIY conglomerate Kingfisher (KGF) are at risk of being ejected from the FTSE 100 this week, potentially leaving only four retailers in the UK’s benchmark index.
