This Practice Note provides a brief summary of the retail operating landscape and highlights some of the key legal and practical issues facing office-holders appointed over a retail business. It also reviews some considerations for different restructuring options, including ‘light touch’ administrations, company voluntary arrangements, and restructuring plans under Part 26A of the Companies Act 2006. In this Practice Note, the assumption is made that any meaningful retail insolvency will occur through an administration process. A liquidation will essentially result in a close down, with limited or no trading activity, although some of the points below will nonetheless be relevant to a liquidation and so should be considered when deliberating appropriate strategies. Overview of the retail insolvency landscape Analysis of Companies House accounts, conducted by FRP in December 2024, showed more than 13,000 retail businesses across the UK showing signs of financial distress. This reflects what has been a period of challenging operating conditions for retailers, exacerbated by, but long preceding, the onset of the coronavirus (COVID-19) pandemic. Recent years have seen