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In 1965 the business was purchased by the Sears Group, owned by Charles Clore. [5] Under the Sears group, branches in Ilford and Oxford opened, with the latter remaining Selfridges until 1986, when Sears rebranded it as a Lewis's store. In 1990, Sears Group split Selfridges from Lewis's and placed Lewis's in administration a year later.
Selfridges Group was a holding company of European department stores.At the time of its acquisition by the Central Group and Signa Holding in 2022, it owned the full-line stores Arnotts and Brown Thomas in Ireland, De Bijenkorf in the Netherlands, and Selfridges in the United Kingdom.
Thailand’s Central Group and Austria’s Signa, which purchased Selfridges Group in a pre-Christmas deal said to be worth 4 billion pounds, are taking the long view on U.K. an
LONDON — W. Galen Weston, the Canadian retailer whose businesses spanned two continents, has died aged 80 after a long illness, his family said Tuesday. Weston sat at the helm of food, retail ...
MILAN — The closing of the deal between Thailand’s Central Group and Signa to buy Selfridges Group under a 50/50 partnership is expected by the end of June, but the wheels have already been ...
In 1951 the store was acquired by the Liverpool-based Lewis's chain of department stores, which was in turn taken over in 1965 by the Sears Group owned by Charles Clore. [26] Expanded under the Sears group to include branches in Oxford, Manchester and Birmingham, [27] in 2003 the chain was acquired by Canada's Galen Weston for £598 million. [28]
PIF will now take a 40% stake in Selfridges, with Central owning the other 60% of the business. Last year, Central converted a loan into equity to take majority control of Selfridges but has now ...
Harry Gordon Selfridge, Sr. (11 January 1858 – 8 May 1947) [1] [3] was an American retail magnate who founded the London-based department store Selfridges. The early years of his leadership of Selfridges led to his becoming one of the most respected and wealthy retail magnates in the United Kingdom. He was known as the 'Earl of Oxford Street ...