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Pets at Home has a new home of its own.
Private equity firm Kohlberg Kravis Roberts (KKR) has agreed to
buy the retailer from Bridgepoint Capital for £955
million, including debt. KKR’s other retail investments include
Alliance Boots. According to Reuters,
Pets at Home had EBITDA of £70 million on sales of
£404.2 million for the year ended March 2009. - Apparel cataloguer Lands’ End will make 30
employees in its UK and Germany division redundant as well as
another 30 in its US headquarters, according to Zacks Equity Research, as part of a
“strategic repositioning”. Lands’ End is denying
the claim. -
Findel Direct’s IT director, Tim Broughton,
talks about his company’s data management system to
Computing.co.uk. -
John Norris, a cataloguer/retailer of outdoor
sporting gear, received kudos from Trout and Salmon
magazine for its selection of flies and its customer service. - The Liverpool Daily Post takes a closer look at
Home Delivery Network’s recent acquisition of
DHL Domestic and whether the deal now enables
HDN to grab market share from Royal Mail.
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