Waterstones is the UK’s last remaining national high street bookseller, with more than 290 stores throughout the country and branches in Ireland. Retail Week provides news, analysis, features and opinion about Watersones and the books and gifts sector.
Waterstones owner Elliott Management is close to hiring bankers to work on a multi-billion-pound listing of the bookseller.
A flotation is on the cards next year for bookseller Waterstones and its US stablemate Barnes & Noble.
Some retailers are facing increases of hundreds of thousands of pounds in their business rates on certain properties, while Harrods’ bill is set to fall by over £1m
Waterstones chief executive James Daunt has welcomed changes to business rates revealed in last week’s Budget.
Waterstones has secured £125m in new funding facilities, which it said is designed to support the company’s ongoing financing needs and future growth.
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