More than 50 people involved in an alleged West Side drug ring tied to a Mexican drug cartel charged with various offenses ranging from kidnapping to drugs and firearms possession.
There are 32, with 12, stores affected andemployees. 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. Failures in Crawshaws, the butchery chain with 42 stores and 12 factory outlets, went into administration at the end of October.
There are staff. The company has been loss-making and sought to raise cash to revamp the business, but failed to do so.
Crawshaws has a significant pre-prepared food-to-go operation as well as traditional meat sales. The business has been steadily losing trade to supermarkets and the price war associated with continental discounters.
As the company's name suggests, it started in Yorkshire and mainly operates in the North and the Midlands and its shares are quoted on the AIM market. Evans Cycles, the long-established supplier of bicycles, cycling-wear and accessories, went into administration at the end of October after failing to agree terms with Halfords and other potential partners.
It was immediately bought out of administration by Sports Direct, which has recently started selling certain high-end cycle products. Evans Cycles has 62 stores and 1, employees.
All bricks-and-mortar cycle shops have faced stiff competition from online suppliers in the past few years.
Sports Direct expects to close one-half of the stores, making around employees redundant. Gardman Group, one of the UK's largest suppliers of garden products founded ingave notice of intention to appoint an administrator. It is currently owned by Rutland Partners and has employees.
It supplies merchandise such as solar lighting, garden furniture, gardening tools and bird-care products and is looking for buyers. It suffered a major warehouse fire in March which has meant that many of its products have been out of stock in the major selling period.
The company was bought by Westland Horticulture also trades as Unwins American Golf, Europe's largest golf retailer with stores, went into administration in mid-March. It was purchased by private-equity firm Endless, presumably on a pre-pack basis, and immediately closed 20 stores.
Around jobs have been lost. There are employees of the new company. Inthe company has been hit by snow at the beginning of the year and sunshine over summer, both of which hit footfall. However golf as an active sport is currently in decline. Coast, the fashion chain with 24 stores, went into administration in mid-October.
All its stores are to close, although the concessions in third-party stores will stay.INDIANAPOLIS -- Eleven alleged members of what authorities are calling a violent drug-trafficking organization operating on Indianapolis' west side were arrested during an organized raid at ATLANTIC CITY — Things are going bust again inside the casino at the Burlesque is back at Atlantic City casino that went bust WAYNE PARRY Associated Press West Washington Ave.
Dec 04, · Not that there necessarily will be much of a one, according to Robert Peston in The Party's Over: How the West Went Bust (BBC2, Sunday).
There's been a . Almost people have lost their jobs after a Midlands holiday company went into administration. The Bowen Travel Group has 38 high street stores, and a fleet of coaches.
So we can see that the developing economies are becoming richer & the Developed becoming Stagnant.
I think they can blame Greedy Bankers & high spending Governments of the west but also there are deeper causes. So lets go deep. In Deng Xiaoping became the leader of China which was disastered for several years.
To experience financial failure or ruin, often as of a business. I'm going to go bust if I have to pay any more medical bills this month! I'm surprised his business went bust—I really thought it .
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