Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry
Mike Ashley’s Frasers Group has filed a possible £83m offer to buy the luxury brand Mulberry as it expressed concerns about the future of the...
Poundland owner eyes swoop on 100 Wilko stores
Poundland-owner Pepco Group and B&M European Value Retail are in talks to acquire about 150 of Wilko’s 400-strong store estate. B&M European Retail, the London-listed...
What is Mike Ashley’s Frasers Group up to?
Mike Ashley’s Frasers Group (FRAS) has recently purchased non-controlling shares in a number of British retailers, from fast-fashion brands Boohoo (5%), ASOS (17%) to consumer...
Deliveroo announces decision to end operations in Australia
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...
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...
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...
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...
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...
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...
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...