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Vergo Retail Ltd
Vergo Retail Ltd was a department store business based in Liverpool, England, founded in 2007. Vergo Retail ran 20 shops, consisting of nine department stores, including Lewis's of Liverpool, Robbs of Hexham, Joplings of Sunderland and Derrys of Plymouth and four others in Essex, Suffolk and Norfolk; four Homemaker stores in Devon, four home and fashion stores in Essex and Suffolk; two home stores in Essex; and a jewellery store in Colchester. The company entered administration in 2010. History Vergo Retail was formed in May 2007 in order to acquire Lewis's, Robbs and Joplings from Owen Owen Ltd which was in administration. The company was owned by David Thompson, the owner of Owen Owen and a former director of Mothercare, Habitat and British Home Stores, and later director and shareholder of MK One which was sold in 2004 for £55m. In 2009 Vergo Retail entered a further phase of growth, acquiring the department store operations of two co-operative societies. First, in Fe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Yarmouth
Great Yarmouth (), often called Yarmouth, is a seaside town and unparished area in, and the main administrative centre of, the Borough of Great Yarmouth in Norfolk, England; it straddles the River Yare and is located east of Norwich. A population of 38,693 in the 2011 Census made it Norfolk's third most populous. Its fishing industry, mainly for herring, shrank after the mid-20th century and has all but ended. North Sea oil from the 1960s supplied an oil-rig industry that services offshore natural gas rigs; more recently, offshore wind power and other renewable energy industries have ensued. Yarmouth has been a resort since 1760 and a gateway from the Norfolk Broads to the North Sea. Holiday-making rose when a railway opened in 1844, bringing easier, cheaper access and some new settlement. Wellington Pier opened in 1854 and Britannia Pier in 1858. Through the 20th century, Yarmouth boomed as a resort, with a promenade, pubs, trams, fish-and-chip shops, theatres, the Pleasu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ipswich
Ipswich () is a port town and borough in Suffolk, England, of which it is the county town. The town is located in East Anglia about away from the mouth of the River Orwell and the North Sea. Ipswich is both on the Great Eastern Main Line railway and the A12 road; it is north-east of London, east-southeast of Cambridge and south of Norwich. Ipswich is surrounded by two Areas of Outstanding Natural Beauty (AONB): Suffolk Coast and Heaths and Dedham Vale. Ipswich's modern name is derived from the medieval name ''Gippeswic'', probably taken either from an Anglo-Saxon personal name or from an earlier name given to the Orwell Estuary (although possibly unrelated to the name of the River Gipping). It has also been known as ''Gyppewicus'' and ''Yppswyche''. The town has been continuously occupied since the Saxon period, and is contested to be one of the oldest towns in the United Kingdom.Hills, Catherine"England's Oldest Town" Retrieved 2 August 2015. Ipswich was a settleme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwich
Norwich () is a cathedral city and district of Norfolk, England, of which it is the county town. Norwich is by the River Wensum, about north-east of London, north of Ipswich and east of Peterborough. As the seat of the See of Norwich, with one of the country's largest medieval cathedrals, it is the largest settlement and has the largest urban area in East Anglia. The population of the Norwich City Council local authority area was estimated to be 144,000 in 2021, which was an increase from 143,135 in 2019. The wider built-up area had a population of 213,166 in 2019. Heritage and status Norwich claims to be the most complete medieval city in the United Kingdom. It includes cobbled streets such as Elm Hill, Timber Hill and Tombland; ancient buildings such as St Andrew's Hall; half-timbered houses such as Dragon Hall, The Guildhall and Strangers' Hall; the Art Nouveau of the 1899 Royal Arcade; many medieval lanes; and the winding River Wensum that flows through the city ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Of England Co-operative Society
The East of England Co-operative Society is the fourth largest consumer co-operative in the United Kingdom after The Co-operative Group, The Midcounties Co-operative and Central England Co-operative. It is a registered society with its headquarters in Wherstead, near Ipswich and trading in the eastern counties of Essex, Suffolk and Norfolk. The Society is the area's largest independent retailer. History The East of England Co-operative Society is an amalgamation of smaller societies from across East Anglia which have joined together over the years. Most recently, the Colchester and East Essex Co-operative Society merged with the Ipswich and Norwich Co-operative Society in 2005. The consumer co-operative movement has its roots in the early part of the nineteenth century and the principles of self-help and social equity that developed during the Victorian era. The first successful retail co-operative was established in 1844 by the Rochdale Pioneers. The Ipswich and Norwich Soci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plymouth & South West Co-operative Society
The Plymouth and South West Co-operative Society Limited, known locally as Plymco, was founded in 1859 by ten tradesmen. The society grew from 18 members, as recorded on 3 January 1860, to a membership of over 130,000. The department store business was sold to Vergo Retail in 2009. Members approved a merger with the larger Co-operative Group Co-operative Group Limited, trading as Co-op, is a British consumer cooperative, consumer co-operative with a group of retail businesses including food retail, wholesale, e-pharmacy, insurance and legal services, and funeral care. The Co-op ... (of which the society was a corporate member) at a series of members' meetings during 2009. The merger occurred on 6 September 2009. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plymouth And South West Co-operative Society
Co-operative Group Limited, trading as Co-op, is a British consumer co-operative with a group of retail businesses including food retail, wholesale, e-pharmacy, insurance and legal services, and funeral care. The Co-operative Group has over 65,000 employees across the UK. The group has its headquarters in One Angel Square in Manchester. The Group also manages the Co-operative Federal Trading Services, formerly the Co-operative Retail Trading Group (CRTG), which sources and promotes goods for food stores of the co-operative movements of the UK. It introduced the Co-operative brand in 2007, which is used by many consumers' co-operatives in the UK and managed by the group. History Beginnings (1844–1938) The Co-operative Group has developed over the years from the merger of co-operative wholesale societies and many independent retail societies. The Group's roots are traced back to the Rochdale Society of Equitable Pioneers, established in 1844. The Rochdale Society of Equ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MK One
MK One was a British fashion retailer. History Beginnings as Mark One The company was founded in the 1980s by Mark Brafman, Les Lucy and Alan Simons as Mark One, and became a discount womenswear retailer. In February 1996, Mark One was bought from administration by billionaire Philip Green, owner of BHS. Shami Ahmed had also made a failed bid for the company in 1996. In the end of the 1990s, a change to the firm's logo saw the firm's name begin to be commonly spelt as "MK One". In July 2003, Green sold most of stake in MK One, whilst keeping 10%, to Elaine McPherson, the managing director, and David Thompson, the finance director. Sale to Baugur In November 2004, the 177 store MK One chain was bought by the Icelandic group Baugur for £55 million (this included £11 million worth of debts); in February 2009, Baugur itself entered the equivalent of administration. Les Johnston became chief executive, and Andy Hall became finance director. Johnston and Hall took a 20% st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Home Stores
British Home Stores, commonly abbreviated to BHS and latterly legally styled BHS Ltd, was a British department store chain, primarily selling clothing and household items. In its later years, the company began to expand into furniture, electronics, entertainment, convenience groceries and fragrance and beauty products. The company was founded in 1928 by a group of U.S. entrepreneurs, and had a total of 163 stores mainly located in high streets or shopping centres by the time of its closure in 2016, as well as 74 international stores across 18 separate territories. BHS was previously a constituent of the FTSE 100 Index, but was bought by Sir Philip Green in 2000 and taken private. The company became part of Green's Arcadia Group in 2009. Following a number of loss-making years, the company was sold to the consortium Retail Acquisitions Ltd led by the serial bankrupt Dominic Chappell, in March 2015 for the nominal price of £1. In April 2016, 13 months after the purchase by Ret ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Habitat (retailer)
Habitat (a trading name of Argos Limited), is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group. Founded in 1964 by Sir Terence Conran, it merged with a number of other retailers in the 1980s to create Storehouse plc, before being sold to the Ikano Group, owned by the Kamprad family, in 1992. In December 2009, Habitat was bought by Hilco, a restructuring specialist. On 24 June 2011, the company was put into liquidation and all but three UK Habitat stores were closed in a deal to sell the indebted furniture chain, with the brand and the three London stores sold to Home Retail Group. In September 2016, UK retailer Sainsbury's bought Home Retail Group, including Argos and Habitat, for £1.4 billion (about $1.85 billion). History Beginning Sir Terence Conran founded Habitat in London in 1964, opening his own store to market his Summa range of furniture. The first store was opened in Fulham Road in Chelsea by Conran, h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
