Nearly 1,000 jobs could be threatened in the original factory shop (TOFs), one of the largest retailers of presentation in Great Britain, as part of a survival plan which focuses on the swinging plans for rent discounts. Sky News learned that Modella Capital, the new owner of Tofs, has developed plans to renegotiate rents in … Read more
The owner of Hobbycraft made a late swoop to buy the original factory shop (TOFs) after discussions with a rival pretender at the 11th hour. Sky News understands that Modella Capital, which has also continued the High Street stores in Wh Smith in recent weeks, is about to win on Baaj Capital tenderer with a … Read more
The Original Factory Outlet (TOFS), the independent discount retail chain, is set to be sold after more than 17 years under the ownership of private equity firm Duke Street. Sky News has learned that Baaj Capital, a family office which counts Style and Party Supplies Amscan International among its investments, has emerged as the favorite … Read more
The company that owns Britain’s Vauxhall car plants fulfilled the UK government’s electric vehicle (EV) sales mandate last year, despite public criticism of the target and an announcement that its Luton factory would close. Stellantis, which also owns the Peugeot, Citroën and Fiat brands, as well as several others, was the UK’s best-selling electric van … Read more