Peterborough-based Thomas Cook slumped to a £590 million loss in its last financial year and is working on plans to slash costs.
As well as shutting stores, the UK's second-biggest travel company has trimmed its airline fleet and sold off hotels after it was forced to turn to its banks for an additional £200 million of loans in 2011.
More top news
Vardy lookalike Lee Chapman, who made it onto the Leicester City team bus, tells ITV News what the footballer told him.
Thousands of parents in the Midlands joined others across the country for the first school strike in history.
Our guide on where to find the best Bluebell displays in the Midlands!