Lakeland is a family-run kitchen and homewares specialist that targets a mid-to-upmarket customer base and has a UK store network of around 70 outlets. Retail Week provides news, analysis, features and opinion about Lakeland and the home adn DIY sector.
Value giant Poundland has received two new takeover offers, according to reports.
Lakeland has emerged as a takeover target for several investment groups, including Modella Capital, which owns Hobbycraft and The Original Factory Shop.
The owners of kitchenwares retailer Laklend is considering putting the business up for sale after more than 60 years of ownership.
Lakeland has restructured its operating board as its owners the Rayner family step down from day-to-day running of the business, Retail Week can reveal.
In the midst of the coronavirus pandemic, customer needs and behaviours have shifted rapidly in just a few months.
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