Business Sale News in the Retail sector

Permira and Apax are holding discussions over a potential private sale of high street retailer New Look and may discard plans for a £1.8bn stock market flotation in early [more]

Grant Thornton has been hired to assess strategic options for Hobbycraft, the retailer that specialises in arts and crafts. One likely scenario is a £70m trade [more]

Borders is looking to sell off up to 36 of its 45 UK bookshops to prevent itself from collapsing. While its sister business Books etc, is having final sales at its eight stores and may close down in early 2010. [more]

The owner of Card Factory has appointed KPMG to assess the options for the business to include a possible sale, or management buyout with private equity backing. [more]

First Quench, the owner of the Threshers and Wine Rack off-licence chains, faces entering administration, and rendering thousands of employees redundant. [more]

Simple, the third largest skincare brand in the UK, has been put up for sale by its private equity owner Duke Street Capital after receiving several unsolicited approaches over the past year. [more]

Upmarket home furnishings retailer Habitat faces being placed on the market as its parent company ICAF Antillen has began a strategic review amidst falling sales. [more]

Private equity firm Bridgepoint Capital has received several bids for its pet product retail chain Pets at Home, whilst considering options for the business including a stock market listing. [more]

Europe's largest second-hand car auction business, British Car Auctions (BCA) is believed to have been placed on the market by its owner, Montagu Private Equity, with a price tag of &p [more]

London department store Liberty could soon have a new owner, as the company's majority shareholder is currently appointing advisers to undertake a strategic re [more]

Book retail chain Borders UK has brought in a restructuring firm to assist in the closure of some of its underperforming stores, it has been reported by The Independent. [more]

French group LVMH, the world's biggest luxury-goods maker, is considering selling its large holding in some of the oldest champagne labels to UK company Di [more]

Kelso Place Asset Management may put its luxury stationery, handbags and leather goods retailer Smythson up for sale after receiving numerous expressions of interest for the business. [more]

Deloitte, the administrators to Mosaic Fashion, has sold Shoe Studio to Dune Shoes, in the first asset sell off since Mosaic went into administration four days ago. [more]

A consortium including Elaine McPherson, Mike Basso and Jim McDowell has bought Blooming Marvellous out of administration. [more]

Michael Ziff, the previous owner of Stylo has bought back 160 stores and 165 concession outlets, effectively saving 3,000 jobs. [more]

About 1,900 jobs and the Adams Childrenswear brand have been saved by former owner John Shannon, who has bought the brand and 120 outlets out of administration. [more]

Clinton Cards, the UK's largest greetings card retailer, is currently in discussions with its banks to renegotiate its substantial amount of [more]

The owner of the PriceLess and Barratt shoe chains, Stylo Plc, has gone into administration after being unable to reach agreements with creditors and landlords. [more]

Blacks Leisure, the outdoor clothing retailer, has received an initial approach from Sports Direct owner Mike Ashley, for an offer for the whole group. [more]