Vergo Retail Ltd is a department store A department store is a retail establishment which specializes in satisfying a wide range of the consumer's personal and residential durable goods product needs; and at the same time offering the consumer a choice multiple merchandise lines, at variable price points, in all product categories. Department stores usually sell products including business based in Liverpool Liverpool is a city and metropolitan borough of Merseyside, England, along the eastern side of the Mersey Estuary. It was founded as a borough in 1207 and was granted city status in 1880. Liverpool is the fourth largest city in the United Kingdom and has a population of 435,500, and lies at the centre of the wider Liverpool Urban Area, which has a, England. It was set up in 2007. As of July 2009, Vergo Retail owns and runs 20 shops, including nine department stores that it considers to be "regionally significant", such as Lewis's Lewis's is a large department store in Liverpool city centre. Lewis's Ltd was a department store group operating in the United Kingdom from 1856 to the 1990s. Only the original Liverpool store continues to trade under the Lewis's name and is owned and operated by Vergo Retail Ltd. The company should not be confused with the still existing and of Liverpool, Robbs of Hexham Hexham is a market town in Northumberland, England, located south of the River Tyne, and was the administrative centre for the Tynedale district in Northumberland from 1974–2009. The three major towns in Tynedale were Hexham along with Prudhoe and Haltwhistle, although in terms of population, Prudhoe was the largest. In 2001 Hexham had a, Joplings Joplings is a department store, located in Sunderland, England. It is now part of the newly formed Vergo Retail Ltd. group of department stores of Sunderland Sunderland (pronounced /ˈsʌndɚlənd/ or /ˈsʌn(d)lən/) lies at the heart of the City of Sunderland, a metropolitan borough of Tyne and Wear, in North East England. It is situated at the mouth of the River Wear and Derrys of Plymouth.[1] It also owns four Homemaker stores in Devon, and six home stores and a jewellery store in the east of England.

Lewis's, Robbs and Joplings were formerly owned by Owen Owen Ltd Owen Owen was a Liverpool-based operator of department stores in the United Kingdom, and were acquired by Vergo Retail in May 2007 following Owen Owen's collapse into administration.

Lewis's Department Store, Liverpool

In February 2009, Plymouth and South West Co-operative Society (Plymco) agreed to sell its non-food business to Vergo.[1] This consisted of Derrys Department Store in Plymouth, and four Homemaker stores in Devon and Cornwall.[1] Vergo Retail took control of the Plymco stores on 15 March 2009.[citation needed]

On 16 June 2009, it was announced that Vergo Retail would take over the existing East of England Co-operative Department Stores based throughout Norfolk Suffolk and Essex, with the 350 current staff employed by the East of England Co-operative expected to keep their jobs during the transfer. Department stores in Norwich Norwich (pronounced /ˈnɒrɪdʒ/ NORR-ij or /ˈnɒrɪtʃ/ NORR-ich) is a city in England. It is the regional administrative centre and county town of Norfolk. During the 11th century Norwich was the second largest city in England, after London, and one of the most important places in the kingdom, Ipswich Ipswich (pronounced /ˈɪpswɪtʃ/ ) is a non-metropolitan district and the county town of Suffolk, England on the estuary of the River Orwell. Nearby towns are Felixstowe in Suffolk and Harwich and Colchester in Essex. The town of the same name overspills the borough boundaries significantly, with only 85% of the town's population living within,Great Yarmouth Great Yarmouth, often known to locals as Yarmouth, is a coastal town in Norfolk, England. It is at the mouth of the River Yare, 20 miles east of Norwich,Clacton-on-Sea Clacton-on-Sea is the largest town on the Tendring Peninsula, in Essex, England and was founded in 1871. It is a seaside resort that attracted many tourists in the 1960s and '70s, but which like other English resorts has been in decline since foreign holidays became more fashionable and affordable making it more popular as a retirement hotspot,Colchester Colchester (pronounced /ˈkoʊltʃɛstə/ ) is a town and the largest settlement within the borough of Colchester in Essex, England, along with six specialist home stores and one jewellery store, were transferred to Vergo Retail on 4 July 2009.

Vergo Retail is controlled by David Thompson, a former director of Mothercare, Habitat and BHS, and more recently director & shareholder of MK One which was sold in 2004 for £55m.[1][2][3]

See also

References

  1. ^ a b c d "Non-food (announcement of talks with Vergo)". Plymouth & South West Co-operative Society The Plymouth and South West Co-operative Society Limited, known locally as Plymco, was originally founded in 1859 by ten tradesmen. From these humble beginnings the Society grew from 18 members, as recorded on 3 January 1860, to a membership of over 130,000. 2009. http://www.plymouth-coop.co.uk/full_news.aspx?id=293.
  2. ^ Helen Compson (13 March 2009). "Doubts are cast over £40m Robb’s revamp:". Hexham Courant. http://www.hexham-courant.co.uk/news/news_at_a_glance/doubts_are_cast_over_40m_robb_s_revamp_1_526159.
  3. ^ "Jobs saved as iconic store sold". BBC News Online BBC News Online is the website of BBC News, the division of the BBC responsible for newsgathering and production. The website is the most popular news website in the United Kingdom and forms a major part of BBC Online . The site records around 14 million unique users a week (around 60 to 70% of visitors are from the UK). 22 May, 2007. http://news.bbc.co.uk/1/hi/england/merseyside/6681529.stm.

External links

This retail business Retailing consists of the sale of goods or merchandise from a very fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce, a "retailer& article is a stub. You can help Wikipedia by expanding it.

 

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