Ashley Armstrong
The Telegraph
United Kingdom
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Past articles by Ashley:
The fall of Sir Philip Green’s empire could spell the end for CVAs too
Ding, ding, ding! → Read More
Sports Direct launches legal challenge to Debenhams rescue plan
Mike Ashley’s Sports Direct has reignited its battle with Debenhams by launching a legal challenge to the department store’s rescue plan. → Read More
Sir Philip Green sweetens Arcadia rescue plan in last-ditch bid to win over landlords
Sir Philip Green is making a last-ditch effort to win over rebellious landlords by offering to personally fund better terms on rent cuts on his Arcadia shops. → Read More
Landlords decide fate of Philip Green's retail empire with vote on rescue plan
Sir Philip Green faces a crunch vote on the future of his Arcadia retail empire on Wednesday as landlords decide whether to support a restructuring that will result in shop closures and hefty rent reductions. → Read More
High street left running on empty as retail shrinks
The biggest names in retail are falling over themselves to shrink their presence on the high street. → Read More
Sainsbury's boss Mike Coupe bags pay rise despite failure of Asda deal
Mike Coupe, the Sainsbury’s boss caught singing We’re in the Money on live television, has been given a 7pc pay rise to almost £4m despite the collapse of his planned mega-merger with Asda and its share price falling to historic lows. → Read More
Sir Philip Green faces demand for extra £50m for Arcadia pension fund
Sir Philip Green faces a weekend of tense negotiations after the Pensions Regulator demanded he inject another £50m to shore up Arcadia’s pension deficit ahead of a crunch vote on the future of his retail chain next week. → Read More
Mountain Warehouse defies retail gloom with shop openings
Mountain Warehouse is shrugging off the high street gloom with plans to open a further 50 shops this year after the outdoor clothing retailer posted record sales and profits. → Read More
Activist investor backs Majestic Wine plan to sell all 200 stores
An activist investor has backed Majestic Wine's plan to offload its entire retail business. → Read More
Why does Boots want to close hundreds of shops?
Boots' store closure plans have sparked fresh fears about the state of Britain’s high streets. → Read More
'Sin' stocks: why taking the moral high ground can pay off
‘We need energy, but we don’t need tobacco” was how Jeanett Bergan neatly summed up Norway’s largest pension fund’s decision to eliminate so-called “sin stocks” from its portfolio. → Read More
Boots planning to close hundreds of stores in fresh blow to high street
Boots, one of the UK's biggest retailers, is planning to shut hundreds of stores across the country, delivering a fresh blow to the battered high street. → Read More
Sir Philip Green pumps £100m into Arcadia pension fund to win backing for radical revamp
Sir Philip Green and his wife have offered to pump £100m into Arcadia’s pension scheme in a desperate bid to win backing for a radical restructuring of their retail empire that will include 23 shop closures and a complete retreat from America. → Read More
WH Smith's new boss has big shoes to fill
Has the high street just lost its best retailer? → Read More
Halfords puts the brakes on investment as weather hits profits
Halfords is putting the brakes on its investment plans after profits sank by almost a quarter and telling the investors turnaround will take longer than originally hoped. → Read More
Sports Direct considers launching legal challenge to Debenhams' restructuring plans
Sports Direct is considering slapping Debenhams with a legal challenge over its restructuring plan amid claims support for the proposals was unrealistically high. → Read More
M&S profits slump won’t halt boss’s plan to ‘fix the business’
The boss of Marks & Spencer has pledged to “fix the business” as the embattled chain prepares to unveil another slump in profits and further falls in sales of its clothing and food ranges. → Read More
Waitrose aims to treble online business after parting ways with Ocado
Waitrose has unveiled plans to treble the size of its digital business to make £1bn sales online, just three months after its longstanding relationship with Ocado was brought to an end when the online grocer signed a joint venture with rival Marks & Spencer. → Read More
Burberry to close stores as it tells City to wait for the 'Tisci-effect'
Burberry has announced that it will shut 38 shops around the world as the British luxury brand told investors they must wait for a sales boost from new designer Riccardo Tisci’s ranges. → Read More
John Lewis scraps defined benefit pension scheme to save money
The John Lewis Partnership has scrapped its defined benefit pension scheme as the employee-owned retail group scrambles to save costs in the face of a tough market. → Read More