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Mothercare World
Mothercare plc is a British retailer which specialises in products for expectant mothers and in general merchandise for children up to eight years of age. It is listed on the London Stock Exchange and is a constituent of the FTSE SmallCap Index. Mothercare's United Kingdom subsidiary had over 150 stores in 2017, but by 2019 the number had been reduced to 79. In November 2019, the subsidiary was placed into administration, which led to closure of all the stores. Mothercare-branded products continue to be sold by Boots and the parent company continues to supply franchisees in other countries. History The company was founded by Selim Zilkha and Sir James Goldsmith in 1961. It was first listed on the London Stock Exchange in 1972. In 1982, the company merged with Habitat to form Habitat Mothercare plc. In 1986, Habitat Mothercare plc merged with British Home Stores, to form Storehouse plc. In January 1996, it bought Children's World from Boots,
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Halifax, West Yorkshire
Halifax () is a minster and market town in the Metropolitan Borough of Calderdale in West Yorkshire, England. It is the commercial, cultural and administrative centre of the borough, and the headquarters of Calderdale Council. In the 15th century, the town became an economic hub of the old West Riding of Yorkshire, primarily in woollen manufacture. Halifax is the largest town in the wider Calderdale borough. Halifax was a thriving mill town during the industrial revolution. Toponymy The town's name was recorded in about 1091 as ''Halyfax'', from the Old English ''halh-gefeaxe'', meaning "area of coarse grass in the nook of land". This explanation is preferred to derivations from the Old English ''halig'' (holy), in ''hālig feax'' or "holy hair", proposed by 16th-century antiquarians. The incorrect interpretation gave rise to two legends. One concerned a maiden killed by a lustful priest whose advances she spurned. Another held that the head of John the Baptist was buried he ...
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Children's World (retailer)
Children's World Ltd was a British retail chain. It was established by Boots in 1987 and sold to Storehouse in 1996, when the stores were rebranded as Mothercare World. Format At the time, Boots' larger high street stores sold a range of baby products, maternity and children's clothing. However the Children's World stores were a larger "superstore" format typically located on retail parks, which sold a wider range of children's clothes, shoes, toys, baby products, nursery furniture. The stores also included a play area, hairdresser and a snack bar. Marketing The logo resembled a pile of multicoloured building blocks. The slogan was "Everything in the World for Children". Finances By 1995 the retailer had 48 stores and a turnover of £105 million. Storehouse acquired the business from Boots in 1996.
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ...
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Administration (law)
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In voluntary administrative receivership, the administ ...
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Boots UK
Boots UK Limited (formerly Boots the Chemists), trading as Boots, is a British health and beauty retailer and pharmacy chain in the United Kingdom and other countries and territories including Ireland, Italy, Norway, the Netherlands, Thailand and Indonesia. The parent company, The Boots Company plc, merged with Alliance UniChem in 2006 to form Alliance Boots. In 2007, Alliance Boots was bought by Kohlberg Kravis Roberts and Stefano Pessina, taking the company private, and moving its headquarters to Switzerland, making it the first-ever FTSE 100 company to be bought by a private equity firm. In 2012, Walgreens bought a 45% stake in Alliance Boots, with the option to buy the rest within three years. It exercised this option in 2014, and as a result Boots became a subsidiary of the new company, Walgreens Boots Alliance, on 31 December 2014. Boots is one of the largest retailers in the UK and Ireland, both in terms of revenue and the number of shops. It has 2,200 shops across the Un ...
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BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news c ...
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Leaseback
Leaseback, short for "sale-and-leaseback", is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it. The transaction is generally done for fixed assets, notably real estate, as well as for durable and capital goods such as airplanes and trains. The concept can also be applied by national governments to territorial assets; prior to the Falklands War, the government of the United Kingdom proposed a leaseback arrangement whereby the Falklands Islands would be transferred to Argentina, with a 99-year leaseback period, and a similar arrangement, also for 99 years, had been in place prior to the handover of Hong Kong to mainland China. Leaseback arrangements are usually employed because they confer financing, accounting or taxation benefits. Leaseback arrangements After purchasing an asset, the owner enters a long-term agreement by which the property is leased back to the seller ...
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The Entertainer (retailer)
The Entertainer (Amersham) Ltd. is the UK's largest independent toy retailer, which operates more than 170 stores. The company was founded by the husband and wife team Catherine and Gary Grant in 1981, when Gary purchased a local toy shop in Amersham, Buckinghamshire, England. The Entertainer is part of TEAL Group Holdings, a family of brands which also includes Addo and Early Learning Centre. History The Entertainer began when Gary Grant took over The Pram and Toy Bar located in Amersham, in 1981. Grant's wife Catherine came up with the name The Entertainer In 1985, they purchased their second shop, located Beaconsfield. In April 1991, ten years after the acquisition of the toy shop in Amersham, the chain opened its third shop in Slough, although this has since closed. The company then underwent massive expansion and, by 2001, the chain had opened its 25th shop, located in the Victoria Centre in Nottingham. The Entertainer now also has many concessions within Matalan under t ...
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Company Voluntary Arrangement
Under UK insolvency law an insolvent company can enter into a company voluntary arrangement (CVA). The CVA is a form of composition, similar to the personal IVA ( individual voluntary arrangement), where an insolvency procedure allows a company with debt problems or that is insolvent to reach a voluntary agreement with its business creditors regarding repayment of all, or part of its corporate debts over an agreed period of time. The application for a CVA can be made by the agreement of all directors of the company, the legal administrators of the company, or the appointed company liquidator. Implementation A company voluntary arrangement can only be implemented by an insolvency practitioner who will draft a proposal for the creditors. A meeting of creditors is held to see if the CVA is accepted. As long as 75% (by debt value) of the creditors who vote agree then the CVA is accepted. All the company creditors are then bound to the terms of the proposal whether or not they vot ...
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TheGuardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited, Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, th ...
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Retail Week
Retail Week is a London-based news website, data service, events producer and magazine covering the retail industry, primarily in the United Kingdom. History and profile Founded in 1988 by financial journalist Patience Wheatcroft and her husband Tony Salter, Retail Week is now owned by the business information and events company Ascential."Emap Brands: Retail Week"
''Emap'', n.dat. Retrieved 10 April 2013.
Subscribers are primarily retail company board directors and senior managers, as well as suppliers to retailers and investment analysts. Retail Week launched its website, Retail-week.com, in 2004. The site was redesigned and relaunched in 2007 and most recently in 2021. Retail-week.com has 192,000 monthly users. Luke Tugby has been editor of Retail Week since January 2020. The previous editors were Ti ...
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Gurgle
Gurgle.com is a British pregnancy and parenting website owned by high-street parenting store Mothercare. Founded bTom Wright Gurgle launched as a joint venture between Mothercare and Fleming Media, a family backed investment company, in October 2007. Mothercare bought Fleming Media out to become outright owner of Gurgle in September 2009. Since 2008 the site has been run by Pettrina Keogh, who joined the company from Telegraph Media Group. Gurgle is also the name of a character from '' Finding Nemo''. Website content Gurgle provides information on conception, pregnancy, birth, baby and toddlerhood. In April 2008 Mothercare announced that Gurgle had over 40,000 registered users. When Mothercare took sole ownership of the site it had grown to 100,000 members with 300,000 monthly unique users.Myleene at Gurgle.com

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