Frasers’ empire-building has come to a temporary halt with news the group has failed in its bid to buy Peacocks out of administration. And group head Mike Ashely has called on MPs to investigate the sale.
M&S is reportedly close to a deal to buy Jaeger, which is part of Philip Day’s failed Edinburgh Woollen Mill Group. But while it’s believed to be taking on the brand and its stock, the stores aren’t part of the deal.
The 30-year-old Wheatsheaf Shopping Centre in Rochdale is set to close forever once the current English lockdown comes to an end, with MCR Property Group drawing a line under its three years operating the mall.