Retail news round-up: Jones Bootmaker put up for sale, SuperValu reports increase in sales and Amanda Mackenzie steps down from Mothercare board
Jones Bootmaker put up for sale
Jones Bootmaker has been put up for sale by its owners, The Daily Telegraph reported.
Sources suggest that the company’s turnaround owner Alteri Investors has asked KPMG to explore all the options for the company including a straight sale of the business or a potential administration.
This move has raised questions over the future of its 170 shops and thousands of employees.
SuperValu sales increase in Ireland
SuperValu has reported a 2.4% increase in sales to €2.67bn (£2.27bn) last year, The Irish Independent reported.
SuperValu’s managing director Martin Kelleher said it is planning to open new stores as part of an overall €35m investment, employing 190 full- and part-time staff.
Mothercare’s non-executive director steps down
Mothercare’s non-executive director Amanda Mackenzie stepped down from the board on Friday, Drapers reported.
She had joined the firm in January 2011.
The company will announce a replacement in due course.
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