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The original Littlewoods brand was a shopping catalogue and retail business headquartered in Liverpool, and was bought by the Barclay brothers in 2002. [1] In 2009, Littlewoods Direct was rebranded as Very.co.uk, shifting its focus to online retailing and a younger market.
The group is now amongst the largest online retailers in the UK, with annual sales of £2.13bn for the year to June 2024, and EBITDA up 8.4% to £267m [7] The group's brands are Very.co.uk, Littlewoods.com, Very Exclusive and Very Ireland (rebranded from 'Littlewoods Ireland' in July 2022). [8]
In October 2002, the Moores family sold the shopping and catalogue business to David and Frederick Barclay for £750 million. [1] In 2004 Littlewoods was merged with Kays Catalogues to create the Littlewoods Shop Direct Group (now The Very Group). The amalgamation of the two businesses led to the closure of many of both brands' distribution ...
In February 2009, Shop Direct Group (later known as The Very Group) purchased the Woolworths brand and website, which continued as an online-only business, until its closure in June 2015 when it was merged into Very.co.uk. In July 2021, Woolworth Deutschland acquired the Woolworths brand and website from The Very Group for an undisclosed sum.
Sofa.com has appeared twice in the Sunday Times Fast Track 100, a list of the fastest-growing private companies in the UK, first in 2011 [10] and again in 2012. [11] Sofa.com sales grew from £572,000 in 2007 to £13.0m in the year ending February 2012. In February 2015, CBPE Capital acquired a majority stake in the business. [12]
Macy's is trying to redefine the future of the department store as the 166-year-old retail giant attempts a comeback after years of struggles."If I told everyone that I had a business, that we ...