July 24, 2016 4:02 AM ET

Internet and Catalog Retail

Company Overview of Shop Direct Group

Company Overview

Shop Direct Group operates as an online and home shopping company in the United Kingdom. It offers clothing, footwear, beds and mattresses, sportswear, electrical products, and credit, insurance, and warranty products. The company was incorporated in 1893 and is based in Manchester, the United Kingdom. It operates a network of retail outlets in the United Kingdom.

19th Floor

Arndale House

Market Street

Manchester,  M60 6EQ

United Kingdom

Founded in 1893

Phone:

44 1616 151 615

Fax:

44 16 1636 7478

Key Executives for Shop Direct Group

Group Chief Executive Officer
Group Finance Director
Age: 55
Chief Operating Officer
Financial Services Chief Executive
Managing Director
Compensation as of Fiscal Year 2016.

Shop Direct Group Key Developments

Barclay Brothers Reportedly To Sell A Stake In Shop Direct

David Barclay and Frederick Barclay are considering selling a stake in their retail business, Shop Direct Group. It is understood that David Barclay and Frederick Barclay are seeking to sell 25% stake in Shop Direct. The deal could value Shop Direct at more than £2 billion, according to Sky News. David Barclay and Frederick Barclay have been in talks to sell 25% stake in Shop Direct last year, as per sources.

Shop Direct Appoints Phil Hackney as Operations Director

Shop Direct has appointed former executive director of Pets At Home Phil Hackney as operations director. Hackney will take responsibility for logistics, fulfilment and customer service when he joins the etailer next year. He will report to chief executive Alex Baldock. During his eight years at Pets At Home, Hackney was executive director in charge of logistics and business systems.

Shop Direct Cuts 95 Jobs as New Tech Makes Role Redundant

Shop Direct's 'digital-first' policy has led to 95 members of staff in its Liverpool and Greater Manchester workforce being made redundant. The job losses will affect staff on the creative, buying, merchandising, planning, scheduling, operations and customer experience teams before the end of June. The company announced that it is restructuring the business to meet the changing needs of its customers. The company's workforce stands at 4,700 at present.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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