Phones 4u: a financial tragedy waiting to happen

Phones 4u: a financial tragedy waiting to happen

September 15, 2014


 

 

Retail expert Nick Hood, of Opus Restructuring and Insolvency, said: “I think this has been coming for a while.

“Previously, mobile phone operators have given retailers large discounts to sell their products and services, but now they are taking a tighter control of the channels in which they sell.

“They have said to themselves, ‘maybe we could do the job ourselves, and save some money doing so’.

“The result is what we see happening at Phones 4u.”

 

To read the full article, click here

Related News

UK Zombie companies – how serious is the problem?

June 29, 2022

Read more

Categories: Business Advisory, Group, Restructuring & Insolvency

The current finance landscape for businesses emerging from the pandemic

June 22, 2022

Read more

Categories: Group, Restructuring & Insolvency

Categories

Previous Articles