The Co-operative Group has sold Shoefayre, its troubled shoe shops business, to rival discount chain Shoe Zone. Shoefayre reported operating losses of more than £6m last year. The Times. The Guardian
Leicester-based Shoefayre has 240 UK stores, generating annual sales of about £65m.
The Howard de Walden Estate has announced that restauranteur Ottolenghi will open a new restaurant in Marylebone Village next month.
International bidders from the US, Australia and Sweden all competed for a grade I-listed Welsh mansion modelled on the Palace of Versailles at Allsop’s latest residential sale.
BT has pre-let an office building for a new contact centre in Dundee with capacity for around 1,000 employees.
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