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Old 08-04-2018, 14:49   #91
1andrew1
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Re: House of Fraser in trouble...

Quote:
Originally Posted by denphone View Post
Companies built on quicksand with no solid foundations again sadly..

https://www.theguardian.com/business...r-acquisitions
Good news is that Bargain Booze and Wine Rack have been saved, after being purchased by Bestway which runs the Best One convenience store franchise. Looks like Conviviality was badly run at the top but its operating companies are ok and have been saved. C&C which owns Magners, Tennant's and Gaymers has purchased the Matthew Clark distribution business. So good for employees but not shareholders.
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