TITLE

Who will take on Allders?

PUB. DATE
February 2005
SOURCE
Cabinet Maker;2/4/2005, Issue 5424, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the speculation hovering around the bidding for buying the assets of Allders Furniture retail stores located in England. The author notes that almost 60 companies have registered their interest for buying the debt ridden Allders. The first candidates are the venture capital companies. If a venture capitalist wins it is likely to dispose off some property soon after and if any particular store is losing too much money it might be closed. If a retailer wants to buy Allders, there are a few likely candidates. The likely ones are Debenhams and John Lewis, supermarket chains Tesco and Asda and clothing chain Primark. Debenhams has the advantage of being in the same sector as Allders.
ACCESSION #
16193450

 

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