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TJ Hughes bargains

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Comments

  • emmaloux87
    emmaloux87 Posts: 144 Forumite
    a1cat wrote: »
    :D Obscenity filter :rotfl:


    Scunthorpe... ;)
  • thatguy1
    thatguy1 Posts: 5,363 Forumite
    1,000 Posts Combo Breaker I've been Money Tipped!
    suzi_69 wrote: »
    It was definitely on our local news yesterday saying they HAD gone into administration? I've just googled it & there are pages of hits saying Ernst & Young were appointed Administrators yesterday? Its even made the Telegraph. There is a story from 28th June saying "in next 10 days" but it definitely actually happened yesterday.

    I've just read this, though

    Arcadia’s Sir Philip Green and value fashion chain Primark have emerged as potential buyers for discount department store group TJ Hughes, which collapsed into administration this morning.

    It is reported that there is already a high level of interest in the business, which is also thought to include discount department store chain B&M Bargains.:eek:

    Former owner Endless, the private equity group, is said to be considering buying back 30 of the stores and continuing to trade them as TJ Hughes.

    All shops remain open and trading at present, and staff wages have been paid in full.


    OMG!! What will I do if B&M goes, too?????????????

    S xx

    I think it mean B&M are interested in TJ Hughes
  • Aidy
    Aidy Posts: 2,325 Forumite
    Part of the Furniture Combo Breaker
    emmaloux87 wrote: »
    What on earth would Arcadia want with TJ Hughes?!

    High Street premises? Maybe run the existing business down and re-fit / re-brand as what ever brand is missing in each location??

    Primark would be the same - they'd cherry pick off teh stores they wanted. Looks like TJ Hughes might have a management buyout of other stores and retain the brand.
  • suzi_69
    suzi_69 Posts: 506 Forumite
    thatguy1 wrote: »
    I think it mean B&M are interested in TJ Hughes

    Ahhhh, silly me!! I read it the other way round! Duh!! Panic over!! :rotfl:

    S xx
    Everything I wanna do is either illegal, immoral or fattening! lol :rotfl:
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