History
Vergo Retail was formed in May 2007 in order to acquire Lewis's, Robbs and Joplings from Owen Owen Ltd which was in administration. The company was and is, owned by David Thompson, the owner of Owen Owen and a former director of Mothercare, Habitat and British Home Stores, and more recently director & shareholder of MK One which was sold in 2004 for £55m.
In 2009 Vergo Retail entered a further phase of growth, acquiring the department store operations of two co-operative societies. First, in February 2009, Plymouth and South West Co-operative Society (Plymco) agreed to sell its non-food business to Vergo. This consisted of Derrys Department Store in Plymouth, and four Homemaker stores in Devon and Cornwall. Vergo Retail took control of these stores on 15 March 2009. Secondly, on 16 June 2009, it was announced that Vergo Retail would take over the existing East of England Co-operative Society Department Stores based throughout Norfolk, Suffolk and Essex, with the 350 current staff employed by the East of England Co-operative expected to keep their jobs during the transfer. Department stores in Norwich, Ipswich, Great Yarmouth, Clacton-on-Sea and Colchester, along with six specialist home stores and one jewellery store, were transferred to Vergo Retail on 4 July 2009 with the East of England Co-operative Society retaining the freehold.
Read more about this topic: Vergo Retail
Famous quotes containing the word history:
“When the landscape buckles and jerks around, when a dust column of debris rises from the collapse of a block of buildings on bodies that could have been your own, when the staves of history fall awry and the barrel of time bursts apart, some turn to prayer, some to poetry: words in the memory, a stained book carried close to the body, the notebook scribbled by hand—a center of gravity.”
—Adrienne Rich (b. 1929)
“Don’t give your opinions about Art and the Purpose of Life. They are of little interest and, anyway, you can’t express them. Don’t analyse yourself. Give the relevant facts and let your readers make their own judgments. Stick to your story. It is not the most important subject in history but it is one about which you are uniquely qualified to speak.”
—Evelyn Waugh (1903–1966)
“There is one great fact, characteristic of this our nineteenth century, a fact which no party dares deny. On the one hand, there have started into life industrial and scientific forces which no epoch of former human history had ever suspected. On the other hand, there exist symptoms of decay, far surpassing the horrors recorded of the latter times of the Roman empire. In our days everything seems pregnant with its contrary.”
—Karl Marx (1818–1883)