Payments firm PayPoint has announced an overhaul that it hopes will cut business costs and bring more people into shops to use its services. The company said it had decided to simplify the business amid a challenging trading environment. This will see it reorganised into four business units, incorporating its …
Read More »Thousands of Collect+ shops to rebrand to Royal Mail after owner buys stake
Around 8,000 Collect+ convenience stores will be rebranded to a Royal Mail Shop after the delivery giant’s owner bought a stake in the parcel service firm. International Distribution Services (IDS) announced it had acquired a 49% stake in Collect+ with a £43.9 million investment. The new high street shops will …
Read More »Royal Mail to take over thousands of UK convenience stores
Around 8,000 stores will now be branded Royal Mail (PA) Royal Mail’s owner has bought a multi-million pound stake in another firm, which will see thousands of convenience stores rebranded. International Distribution Services (IDS), the firm which owns the postal service, has concluded a purchase of 49 per cent of …
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