Educational toys and games cataloguer
BrightMinds has bought The Sleepover
Company, a children’s furniture catalogue for an
undisclosed sum. BrightMinds’ managing director Alison Quill told
Catalogue e-business that The Sleepover Company brand
will be run as a separate business, keeping the catalogue and
website. There were no staff redundancies.
Shop Direct Group, the parent company of
Littlewoods, Very, and
Empire Stores, saw its pretax losses narrow by
81 percent from £141 million in 2009 to £21 million in
the year to 30th April. The North West Business Desk reports that sales
were flat at £1.7 billion but EBITDA rose 38 percent to
£132 million.
Ocado has reduced for its shares to 180p
“in order to attract investors”, reports the Guardian. This means the company is now at
less than £1 billion, “roughly a third below the
original asking price”.
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