A Greek coffee shop chain is hoping to breathe new life into a ‘remarkable’ forgotten building just off Piccadilly Gardens.
04.08.2023 - 16:01 / manchestereveningnews.co.uk
Card chain Clintons, in another potential blow to the high street, is considering plans to shut 38 shops in a bid to avoid insolvency, according to reports today.
It is understood the high street retailer, which has stores in Manchester, Salford, Denton and Wilmslow and was previously branded as Clinton Cards, has appointed restructuring experts from FRP Advisory as it seeks to secure its future.
The business is looking at a move which could see the firm swap its debt for equity and shut about a fifth of its estate of 179 shops, according to the Times.
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The newspaper reported that the business had considered a merger deal with rival Paperchase earlier this year.
However, Paperchase saw its brand and intellectual property bought by Tesco in January after it entered administration, and its stores ultimately closed for good.
Clintons is among retailers to have been affected by depressed high street footfall and competition from online rivals. The reports quoted documents over the restructuring plan being proposed to creditors, which said Clintons 'will have no option but to commence formal insolvency proceedings' if it does not secure a deal.
It comes a day after budget retailer Wilko confirmed it filed a notice of intent to appoint administrators, putting the future of its 400 stores and roughly 12,000 staff at risk.
In a statement from CEO Mark Jackson, Wilko confirmed that the retailer was struggling to find a buyer which provided the 'necessary liquidity' in the time it has available given the' 'mounting cash pressures' it was facing. He added that the retailer, which has been a staple of the British high street for over
A Greek coffee shop chain is hoping to breathe new life into a ‘remarkable’ forgotten building just off Piccadilly Gardens.
The s**t is hitting the fan for Brielle Biermann.
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There's nothing parents like more than a kids eat free deal, especially over the summer holidays.
Jem Aswad Executive Editor, Music The wide reach of Clarence Avant, who was widely known as “the Godfather of Black Entertainment” and died Sunday at the age of 92, was evident from the range of people paying tribute to him on social media after his death was announced Monday morning. His influence spanned music, entertainment, sports, politics and beyond. Within just a couple of hours, former President Bill Clinton, the Rev.
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Dozens of retail jobs have been placed at risk across two Ayrshire stores with the news that Wilko has been plunged into administration.
Batman-verse decides to go in that direction. With her bleached eyebrows and maroon hair, she's definitely got a villain vibe going. She's also proving my point about how we need a separate category for , because she recently posted a selfie in a two piece that has actual metal chains as part of the design.
Fresh for her shock red card in Monday's crunch match against Nigeria, England Women's player Lauren James is contemplating what could turn out to be her tournament-ending deliberate stamp on defender Michelle Alozie. Ultimately, the Lionesses ran out as winners thanks to cool heads across the penalty shootout, but when they face Columbia in the World Cup quarter-final on Saturday, they'll be without one of the finest talents. However, a further sucker punch may materialise if FIFA's disciplinary committee choose to extend Lauren's ban to three games, which would render her ineligible for the remainder of the tournament.
Elizabeth Wagmeister Chief Correspondent The biggest YouTube star in the world — Jimmy Donaldson, aka MrBeast — is being sued by Virtual Dining Concepts, the ghost kitchen company that operates his virtual restaurant chain, MrBeast Burger. Virtual Dining Concepts and Celebrity Virtual Dining (VDC) are suing the YouTuber and his Beast Investments for failing to honor his contractual obligations, as well as intentional tortious interference.
Gogglebox star Izzi Warner says she is devastated, or 'devvoed' to be precise, following the news that high street retailer Wilko is set to file for administration. It could spell the closure for 400 stores nationwide and see 12,000 employees lose their jobs.The company filed a Notice of Intention (NOI) to appoint administrators just weeks after the owners were said to be considering selling a controlling stake. On Thursday, 3 August, CEO Mark Jackson explained that the chain was struggling to find a buyer quick enough which had ramped up the "mounting cash pressures" it was facing.
Christopher Vourlias Estonia’s Taska Film, the production company behind local box-office hits such as medieval crime thriller “Melchior the Apothecary,” hits Locarno’s Match Me! industry sessions with a slate that includes Jaak Kilmi’s “Dirt in Your Face,” a coming-of-age rock drama set in the twilight of the Soviet Union backed in part by Apollo, the largest cinema chain in the Baltic region. The film follows 17-year-old Mihkel and his band as they go on a journey full of alcohol, protest and music to impress a Western producer visiting a rock festival in 1980s Soviet Estonia.
High street retailer Wilko is on the brink of collapse with thousands of jobs put at risk.
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Costa Coffee has updated its loyalty scheme - and many customers have been left unhappy by the change.
A carer who was already suspended for stealing thousands of pounds entered the home of a dementia patient to take her bank card. Faye Collins "despicably" took a key from the victim's lock box before taking the card and using it to withdraw £880, a court has heard.
Naman Ramachandran The twin releases of “Barbie” and “Oppenheimer” has broken records for cinema chain Vue International. COO Claire Arksey described the “Barbenheimer” box office performance as the chain’s “best week ever” and the period following the films’ release as a “record-breaking week,” which beat Vue’s International’s previous overall weekly admissions record by 40% across eight European markets. Arksey said that in Poland, Vue cinemas had their best week on record and in the Netherlands, their cinemas had beaten their previous admissions record set during the “Lion King” opening week in 2019.
International cinema chain Vue says it has recorded its “best ever week” in large part due to the Barbie and Oppenheimer releases ten days ago.
Popeyes is set to open it's first Manchester store in the city centre later this year. The American fried chicken restaurant will open the doors of its Piccadilly Gardens site in November.