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 …
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International Distribution Services – the parent company of Royal Mail – said on Monday that subsidiary GLS has agreed to buy a 20% stake in Greek courier firm ACS Postal Services from Quest Holdings for €74m (£62m). ACS is the largest parcel carrier in the domestic Greek parcels market and …
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A woman wearing a face mask leaves a Sainsbury’s supermarket, amid the coronavirus disease (COVID-19) outbreak, in London, Britain January 12, 2021. LONDON (Reuters Breakingviews) – Daniel Kretinsky seems to be hoping that supermarkets’ pandemic boost will endure. The Czech billionaire has raised his stake in UK grocer J Sainsbury …
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