The struggling company, which halted new customer orders on Oct. 26, also filed notice of its intention to appoint administrators from PricewaterhouseCoopers.
Made now has a 10-day period when it is protected from creditor action, during which it plans to engage in final talks in hopes of agreeing a full or partial sale before administrators are brought in.
Bleak Friday? Retailers hit by spending slowdown as shoppers shun high street
High street bosses are nervously awaiting Black Friday as retail sales volumes dropped dramatically last month.
Sales volumes have dropped significantly, although this has been masked by historically high levels of inflation, data from accountancy firm BDO revealed today.
Searches for Primark rise 58% as fashion shoppers look for the low-cost option - Internet Retailing
Iceland Chief Issues Grim Forecast For Food Shoppers In The Coming Months
The CEO of Iceland has warned food shoppers that groceries are only going to get more expensive in the upcoming months.
The supermarket's managing director Richard Walker was speaking to BBC Radio 4′s Today programme when he explained why the products in his stores will just keep climbing in price.
A Concert Like No Other
Hop aboard a shuttle to Kepler-1649c. Be there to welcome new lifeforms into the universe. All passengers must have a verified event ticket. There are 10,000 tickets in circulation so no need to panic. Limited seating available per trip. There will be multiple flights each hour shipping off from the NORAD Space Port in Iceland.
Event tickets are non refundable & non transferable (except on the black market. Call Sal with questions.) An event ticket can be reused for up to 9900 yearly transactions.
No sandals allowed on flight. Adults only. Kittens must show a custodian's ID at the gate. You are not allowed to get married while aboard the shuttle. Please arrive early if you are wearing jeans.
NB: EVENT TICKETS CONTAIN A PRIVATE ANONYMOUS DIGITAL IMPRINT.
Reserve your spot. Click here.
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