Connect with us

Business

Retailer Quiz becomes latest firm to hit the wall with 109 jobs axed

Published

on

Retailer Quiz becomes latest firm to hit the wall with 109 jobs axed



Fashion retailer Quiz has become the latest firm to collapse into administration with 109 head office and warehouse staff being made redundant and hundreds more at risk.

Administrators Interpath said the chain’s 40 stores across the UK and seven concessions in Ireland will continue to trade while they look at options for the firm but its website will shut.

They said 109 redundancies are being made across the firm’s head office in Glasgow and its warehouse and distribution centre in Bellshill, Lanarkshire.

Interpath confirmed that Quiz concessions in New Look and Matalan stores in the UK are not included in the administration and remain unaffected.

Quiz employs 565 workers in total.

It marks the second time Quiz has fallen into administration in a year, having collapsed in February 2025 before immediately being bought in a so-called pre-pack deal by a subsidiary of the founding Ramzan family.

The deal at the time saw Orion buy a raft of assets, including the Quiz brand and 42 of its shops, but 23 stores were shut in a move affecting 200 jobs.

Alistair McAlinden, head of Interpath in Scotland and joint administrator, said: “With Quiz the latest retailer to fall into administration, there’s no doubt it’s been a tough start to 2026 for the UK high street.

“It’s our intention to continue to trade all stores and the concessions in Ireland as a going concern for as long as we can while we assess options for the business.”

Geoff Jacobs, fellow joint administrator and managing director at Interpath, added: “Any parties with an interest in acquiring the stock, store operations and infrastructure of Quiz should contact us as a matter of urgency.

“We are ensuring that those employees impacted by redundancy are provided with all available support at this difficult time.”

Interpath said Quiz had suffered amid tough trading conditions over the past year, with sales weaker than expected over the crucial Christmas season.

“In addition, Quiz had to contend with strong economic headwinds including changing consumer habits, cost pressures from business rates and the recent increases to employment costs,” it added.

The firm looked at options to secure its future, including additional funding, but efforts failed, according to Interpath.

The administrators confirmed gift cards and credit notes will no longer being accepted, while those with online returns will need to do so in a Quiz store for exchange, but cannot receive cash or card refunds.

Shoppers who have made returns online but not received the money will “regrettably, not receive a refund from Quiz”.

Customers should contact the provider of the credit or debit card which was used for the payment and ask for assistance.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Trump says he could send National Guard to airports ‘for more help’

Published

on

Trump says he could send National Guard to airports ‘for more help’


President Donald Trump said he’s considering sending the National Guard to U.S. airports, two days after the administration deployed Immigration and Customs Enforcement agents to several major U.S. airports following hourslong waits for travelers because of the partial government shutdown.

In a Truth Social post Wednesday, Trump blamed Democrats for the shutdown, which began Feb. 14.

“Thank you to our great ICE Patriots for helping. It makes a big difference,” he wrote in his post. “I may call up the National Guard for more help.”

Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Monday, March 23, 2026.

Elijah Nouvelage | Bloomberg | Getty Images

More than 11% of TSA officers called out on Wednesday and over 450 have quit since the shutdown started, the Department of Homeland Security said.

Elevated absences of Transportation Security Administration officers, who are required to work though they’re not getting paid during the shutdown, have contributed to long lines at major U.S. airports, including in Atlanta, Houston and New York.

Read more about the impact on air travel

The DHS, which oversees both ICE and and the TSA, said the ICE agents will “support airports facing the greatest strain” but the department didn’t respond to requests for comment on what the ICE agents’ duties are. ICE agents are getting paid in the shutdown.

Airlines have been warning customers about potentially long security lines, while executives grow increasingly frustrated with lawmakers about the impasse. On Tuesday, Delta Air Lines said it suspended its airport escorts and other special services for members of Congress and their staff because of the ongoing partial shutdown of the DHS.

The shutdown comes as Democrats in Congress have demanded changes to how federal immigration enforcement operates in exchange for releasing DHS funding after two U.S. citizens were shot and killed by ICE officers in Minneapolis.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source link

Continue Reading

Business

Families offered support with food costs over Easter holidays

Published

on

Families offered support with food costs over Easter holidays



Low-income families are being offered help with the cost of food during the Easter holidays.



Source link

Continue Reading

Business

Video: What Soaring Fuel Costs Mean for Your Air Travel

Published

on

Video: What Soaring Fuel Costs Mean for Your Air Travel


new video loaded: What Soaring Fuel Costs Mean for Your Air Travel

The price of jet fuel has almost doubled since the start of the war. Our reporter Niraj Chokshi, who covers aviation, describes what that will mean for flights.

By Niraj Chokshi, Léo Hamelin, Stephanie Swart, Rebecca Suner and Lauren Pruitt

March 25, 2026



Source link

Continue Reading

Trending