News in the Retail sector - written by Caroline Ramsey

Divalimit, the parent company of homeware retailer FADS, Texstyle World and Leveys, has been placed into administration. [more]
Grant Thornton has been hired to assess strategic options for Hobbycraft, the retailer that specialises in arts and crafts. One likely scenario is a £70m trade [more]
The owner of Card Factory has appointed KPMG to assess the options for the business to include a possible sale, or management buyout with private equity backing. [more]
First Quench, the owner of the Threshers and Wine Rack off-licence chains, faces entering administration, and rendering thousands of employees redundant. [more]
Allied Carpets has entered administration, with the immediate sale of its insurance inspection subsidiary and 51 of its outlets to new company Allied Carpets Retail Limited. The move has saved about 400 jobs, but a further 1,100 are at risk and the rest of the stores are now in the control of the administrators BDO Stoy Hayward. [more]
Yorkshire-based textiles retailer Chiltern Mills has been bought by its founder Merlin Treymaine in a pre-pack administration. [more]