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Entertainer founder hands over toy shop chain to staff
Posted onEmma Simpson Business correspondent The Entertainer The Entertainer has 160 stores in the UK The founder of the UK’s biggest toy chain, the Entertainer, is handing over control of the business to his 1,900 workers. Gary Grant opened his first shop with his wife Catherine in 1981 when he was 23. He’s now 66, and…
Northern Powerhouse Rail plans delayed again
Posted onFaisal IslamEconomics editor Getty Images Plans to extend high-speed rail across the north of England have been delayed further and will not now be announced by the prime minister at the Labour Party conference next week. The BBC understands concerns over the long-term costs of the line earmarked between Liverpool and Manchester have pushed back…
Kim Kardashian’s Skims hits $5bn valuation
Posted onOsmond ChiaBusiness reporter Getty Images Skims, the shapewear brand co-founded by celebrity and entrepreneur Kim Kardashian, says it has raised $225m (£171.5m) of new funding, bringing its value to $5bn. The company says it plans to use the money from investors, including an arm of Wall Street banking giant Goldman Sachs, to open more shops…
Why our railways often seem to be in such chaos over Christmas
Posted onKaty AustinTransport correspondent BBC At a rail yard near Milton Keynes, a group of men in orange outfits are making final checks on huge slabs of railway track, preparing them so that they are ready to be installed over Christmas and New Year. At a time when many commuters stop work to enjoy celebrations with…
Sixes: Social cricket-themed bar chain goes into administration
Posted onMichael RaceBusiness reporter BBC Sixes, the cricket-themed social chain backed by England captain Ben Stokes, has gone into administration following a “challenging trading period”. All of the company’s 15 UK-based venues remain open, but one branch in Southampton has closed following the decision, with three staff members losing their jobs. Administrators FRP Advisory said talks…
