The company's managing director previously told CNA it had struggled with sluggish sales and rising operational costs.

In a significant turn of events, Nanyang Optical, a well-established home-grown eyecare chain, has announced its decision to enter voluntary liquidation after an impressive 65 years of operations.

The retail sector has faced financial challenges this year that have led to store closures, bankruptcy filings, and, in some instances, companies going out of business. Among the challenges retailers ...

The company's website now states all sales are final as of Jan. 14, 2026 and has reportedly informed employees of the ...

Francesca’s, a longtime women’s clothing and accessories chain, is closing all of its remaining stores nationwide and ...

WILLEMSTAD, Curacao, Feb. 27, 2023 /PRNewswire/ -- Retail Holdings N.V. (RHDGF) -- Retail Holdings N.V. (the "Company") has given Notice that a meeting of the Shareholders of the Company will be held ...

The latest wave of crypto liquidations has driven retail investors away from digital assets, according to Crypto Banter founder Ran Neuner, who described the market’s current state as “max pain.” In ...

WILLEMSTAD, Curacao, March 31, 2023 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) -- Retail Holdings N.V. (the "Company") announced today that the Company's shareholders had approved the ...

A spate of liquidations and 61 store closures in just 10 days is exposing how fragile New Zealand’s retail sector remains as ...