Borders Group, Inc. has announced that following a competitive auction process, the company has reached an agreement to sell its U.K. and Ireland subsidiaries to Risk Capital Partners, a London-based ... [more]

Virgin Megastores has been sold by Sir Richard Branson for an undisclosed sum to a management buy-out team. The team was led by managing director Simon Douglas and finance director Steve Peckham, whic... [more]

The Shoe Zone Group has announced that, on 7th September, it exchanged contracts with The Co-operative Group to buy its footwear retail business, Shoefayre, for an undisclosed sum.... [more]

Approximately 300 jobs may be saved at music and DVD retailer ChoicesUK after administrators managed to sell part of the business. ... [more]