Big surprise that Booths Supermarket, headquartered in Preston, is said to be up for sale. After last year’s loss some have speculated that a buy out, perhaps by Waitrose, could be on the cards. The company says it’s one option in a review being carried out by consultants.
That’s Lancashire, the local TV station, have a good YouTube video on the subject. A speaker from the Grocer Magazine suggests someone like Amazon could take a slice.
Booths have traded for 170 years starting from a store in Blackpool and now with 28 stores. They had a smart store in Preston where Waterstones is now. Sometimes the store has appeared a bit old fashioned but they changed tack to move out of town centres and recently closed smaller stores to open brand new smart and modern stores.