News roundup–Ideal buys GardenBargains, Plastic Parts unveils new name, more


  • TV-shopping business Ideal Shopping Direct is to buy plants
    and garden equipment retailer Lead the Good Life (LTGL) for
    £5 million. LTGL, which operates GardenBargains.com, was
    founded by Ideal’s nonexecutive chairman Paul Wright and
    nonexecutive director Valerie Kaye along with Peter McDermott in
    February 2008. Following completion of the acquisition, McDermott
    will stay with the business as a director of LTGL.
    In its first period of trading-the 17 months to 30th June
    2009-audited accounts show Lead the Good Life made a pretax
    profit of £730,447 on turnover of £5.8 million.

  • Components manufacturer and distributor Plastic Parts Centre
    will rebrand and change its name to Moss Express, effective 4th
    January 2010. The new moniker will bring the UK business in line
    with the name it uses in mainland Europe.

  • More of us are expected to shop online this Christmas Day
    than last year according to IMRG. It predicts that 4.3 million
    online shoppers will spend an average of £27.90 each on
    Christmas Day, totalling £120 million. Boxing Day is once
    again predicted to be the busiest online shopping day of the
    year. The Guardian reports on the expected sales
    frenzy.

  • And if you’re still waiting for your pre-Christmas purchases
    to arrive, you might be out of luck. The recent snow and icy
    conditions on the roads are disrupting deliveries, reports the
    Daily Mail, which also includes a handy
    “have you left it too late?” table for anyone wanting to make a
    few last-minute buys.

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