UK based Deliveroo announced that it has decided to end its operations in Australia. This decision is driven by the Company’s disciplined approach to capital allocation. Management is committed to…
Category: High Street
McDonald’s and Subway struggling with food supplies due to Lorry Driver shortage
McDonald’s has been joined by Subway and Wetherspoons in struggling with food supplies to stores, with a shortage of lorry drivers causing the disruption to continue. Dairy giant Arla says…
Pret a Manger looking to expand outside city centres as shops in regional towns ‘busier than ever’
Pret a Manger is planning to expand beyond city centres as branches in regional towns are “busier than they have ever been”. The coffee shop chain could boost its presence…
New ASDA owners takeover the restaurant chain LEON for £100m
Billionaire Issa brothers at EG Group pay £100m for 70-restaurant chain just months after buying ASDA supermarket chain from Walmart. The deal will bring together healthy fast food chain Leon’s…
ASDA sold to billionaire Issa brothers in £6.8bn deal
ASDA is returning to British ownership for the first time in 21 years after Walmart agreed terms for the £6.8 billion sale of the 3rd largest Supermarket chain in UK…
US Casino Firm Caesars buy British bookmaker William Hill for £2.9bn
US casino giant Caesars has agreed a £2.9bn takeover of British bookmaker William Hill. Caesars already owns a 20 per cent stake in William Hill‘s US operations, which also have exclusive…
Debenhams prepares to seek new owners via a sale of the business
Debenhams is reportedly pushing forward with a plan that could see a change of hands after retailer fell into administration for the second time within a year during lockdown. Investment…
Next to takeover Victoria’s Secret UK franchise
Next has reportedly been chosen as the “preferred” UK franchise partner for Victoria’s Secret the world’s largest lingerie brand and has agreed an outline deal to takeover the business on…
Boohoo.com buys Oasis and Warehouse brands for £5.25million
The fast-fashion internet retailer Boohoo has revealed a deal to buy the online businesses of collapsed chains Oasis and Warehouse for £5.25 million. Boohoo who owns on-line fashion brands, PrettylittleThing,…
Sports Direct & JD Sports in race to buy Office
Mike Ashley & JD Sports boss Peter Cowgill in race to buy Office from it’s South African owner, Truworths International. Truworths bought the Office chain in 2015 in a deal…