|
Storehouse is to change its name to Mothercare, and is aiming to expand its chain of larger Mothercare World stores from 61 to 100. 26-May-2000 Storehouse has agreed to sell its chain of 161 Bhs stores to retail entrepreneur Philip Green for £200m, and about £20m of the proceeds will be invested in its Mothercare business. 28-Mar-2000 Storehouse has received a number of potential takeover approaches from unnamed companies. 28-Feb-2000 Storehouse is to open food stores in up to 100 of its Bhs outlets in a joint venture with Iceland Group, with the creation of about 4,000 jobs. 21-Jan-2000 Storehouse is to separate its Mothercare and Bhs retailing businesses, which will involve dissolving the Storehouse group and cutting 100 management jobs at head office. 19-Nov-1999 Storehouse is planning to move its Mothercare business into internet retailing by setting up a joint venture with an unnamed internet operator. 30-Sep-1999 Storehouse is looking to raise £43m by selling six of its Bhs stores. 19-Jul-1999 Storehouse is to open a 31,000 sq ft Bhs store in Wrexham's Henblas Square development in August, with the creation of 90 jobs. 23-Jun-1999 Storehouse is to close 68 Mothercare stores with the loss of 150 jobs, in order to focus on the larger Mothercare World outlets. 21-May-1999 Storehouse is to open new Bhs stores in Durham, Leicester and Oxford. 02-Oct-1998 Storehouse is looking to expand into the home furnishings market and is also planning to refurbish its smaller Mothercare outlets and add an extra 12 Bhs stores, creating 1,500 jobs. 22-May-1998 Storehouse is to launch a combined credit card and loyalty card to its stores in conjunction with GE Capital. 09-Oct-1997 Storehouse, the owner of the Mothercare and Bhs chains, is to invest £120m in store information systems and new shopping formats, creating about 1,000 new jobs. 23-May-1997 Storehouse plans to open a Bhs franchised shop in Shanghai in an agreement with Hutchison Whampoa, with further stores to follow in China, Hong Kong and Taiwan. 06-Mar-1996 Storehouse is acquiring Children's World, the 56-strong chain, from Boots for £62m and will integrate it with Mothercare. 01-Mar-1996 Storehouse is rumoured to be about to buy the Children's World chain from Boots. 29-Jan-1996 Storehouse opened three Bhs stores in the first half and is opening a further seven this year. 24-Nov-1995 Storehouse plans to expand Mothercare from 270 to 360 stores in the future, and is also opening 6 new Bhs stores this year. 06-Oct-1995
|