Rival acquires bankrupt retailer
15/02/2008
As a sure sign of more consolidation yet to come in the British retail market, another bankrupt footwear firm has been bought by one of its rivals.
Following on from Shoe Zone’s acquisition of Stead and Simpson last month (see www.footwearbiz.com January 30, 2008), Dolcis has now been bought by rival retailer Stylo, which operates the Barratts and PriceLess chains. No financial terms of the deal have been disclosed.
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