PwC | News | Retail

An overview of PwC news in the UK in the Retail industry:

Supply chain issues to hit Boxing Day sales Annual research from PwC anticipates “lacklustre” Boxing Day sales, as retailers look to preserve margins already hit by supply chain uncertainty and labour shortages.
27 December 2021
Alantra, EY and PwC advise on Sigma Sports | Primary Capital deal UK-based private equity group Primary Capital has purchased a minority stake in bicycle retail giant Sigma Sports. The company is expected to use the new backing to fund an expansion drive.
24 February 2021
Paperchase becomes latest victim of Covid-19 recession UK stationary firm Paperchase is reportedly on the brink of administration, after muted Christmas sales thanks to Covid-19 restrictions.
11 January 2021
Millionaire Monaco-based Matalan founder sues PwC over tax liability John Hargreaves, founder of UK discount retailer Matalan, is suing PwC over claims the firm’s advice left him liable for as much as £135 million in tax.
22 May 2020
Third PwC administrator appointed to Laura Ashley A third joint administrator has been appointed for UK retailer Laura Ashley, following a court hearing in April.
20 April 2020
Laura Ashley appoints PwC administrators Amid the continuing Covid-19 pandemic, Laura Ashley has become the first retailer to fall victim to the “significant” drop in trade that the virus has caused.
20 March 2020
PwC to oversee administration of The Book People The Book People has filed for administration with just one week to go before Christmas, putting 400 jobs at risk.
23 December 2019
Mothercare appoints PwC administrators for UK wind-up PwC is set to close 79 Mothercare stores across the UK, after its appointment as administrator for the troubled brand. The news is likely to result in the loss of almost 3,000 jobs across Britain.
11 November 2019
Retailers must make return on experience the new ROI In addition to the traditional return on investment (ROI) metrics such as NPS, which are used to determine a company's success, it is time to introduce another metric.
22 May 2019
Lack of high street openings sees UK retail in precarious state Changes in consumer behaviour, particularly in favour of online shopping, are starting to take their toll on shop-fronts in the UK, while stagnant wages are hitting peoples’ willingness to go out for
11 March 2019
UK retail net store closures quadruple in first half of 2018 The UK high street is enduring its most challenging period in five years, according to a new study.
14 November 2018
Big Four firms wary of Sports Direct's hunt for new auditor As competition rules have led to Grant Thornton having to stand aside as the auditor of Sports Direct, the retail group has been left struggling to replace the firm.
19 September 2018
PwC fined and Partner banned from accounting over BHS audit Following an investigation into the collapse of British retailer British Home Stores, PwC and a former Partner of the firm have been fined on the grounds of ‘misconduct’.
29 June 2018
Maplin faces store closures as demise leaves creditors owed £150 million UK electronics retailer Maplin is facing store closures, according to PwC administrators, after the store-chain began liquidation proceedings earlier in 2018.
02 May 2018
Unilever partners with PwC for consulting, M&A, sustainability, HR and cyber British-Dutch transnational consumer goods company Unilever hired the consulting and corporate finance arm of PwC on several occasions for several projects, last year.
16 April 2018
PwC administrators complete Conviviality sale to save thousands of jobs In a deal far less scandalous than it sounds, thousands of jobs have been safeguarded by the sale of Bargain Booze.
13 April 2018
PwC confirms over 60 redundancies at Maplin with controlled closures in sight Professional services giant PwC have confirmed more than 60 jobs will be lost at the head offices of collapsed electronics retailer Maplin.
19 March 2018
Moorfields and PwC appointed administrators, as Toys R Us and Maplin collapse UK high-street chains Toys R Us and Maplin have both collapsed into administration, citing growing debt and uncertainty relating to Brexit as key reasons behind their falls from grace.
05 March 2018
UK retail store closures reach lowest level since 2010 UK retailers who are presently enjoying the final mad rush of Christmas shopping have another reason to smile over the festive season, according to new research.
22 December 2017
Lisa Hooker appointed PwC Industry Leader for Retail Lisa Hooker has been appointed as PwC’s Leader of Industry for Retail, Consumer, Hospitality & Leisure.
31 October 2017
UK shoppers embrace online more than the Dutch UK consumers are much more inclined to shop online compared to their Dutch counterparts across the North Sea, finds recent joint research from PwC and Strategy&, in which the behaviour of 2,000 British and 1,000 Dutc
20 April 2015

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