Cataloguer/retailer Charles Tyrwhitt will not be going
public this year, the Mail on Sunday confirms. But the
shirtmaker is considering selling a stake to a private equity
firm or taking out a mezzanine loan in order to fund further
retail expansion. It aims to double its number of UK stores
from nine to 18 within the next two years.
The founder of Petmeds.co.uk, an online b-to-c
veterinary pharmacy, is launching a similar website targeting
farmers who need medications for livestock, reports The Independent.
Jeweller Ortak, which has 12 stores in Scotland and
England as well as a catalogue and a website, grew its sales
nearly 11 per cent in 2007, despite the widely reported
high-street slump, notes The Herald. The company, which posted a
profit after taking a loss in 2006, plans to open three more
stores this year.
Experian is “reviewing options”, including a
sale, for its PriceGrabber comparison-shopping business,
The Union of Shop, Distributive and Allied Workers (Usdsaw)
has hit out at Redcats for an apparent “lack of
communication” over job losses reports the Wakefield Express.