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Tag: Business

Forever 21 faces retail death: Bankruptcy signals final nail in coffin for US operations

The once-thriving retailer Forever 21 is on the brink of collapse, filing for bankruptcy amid financial ruin.

John Lewis profits triple to £126m—but workers snubbed again as bonus axed

Despite tripling profits to £126m, John Lewis staff won’t get a bonus for the third straight year.

Northvolt’s green dream dies—5,000 workers face chaos as battery startup implodes

Once hailed as Europe’s battery champion, Northvolt collapses under debt, job cuts, and lost investors.

Boohoo crisis: Fashion giant rebrands as Debenhams amid financial meltdown

Boohoo ditches its name after a 21% sales slump, hoping Debenhams’ legacy can save it from collapse.

Nationwide hands out £50 to 12 million customers after Virgin Money takeover

Nationwide will pay £50 to 12 million customers after its virgin money takeover, costing £600m.

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