Shop Direct owners Barclay family consider sale

Skyways House Shopdirect

Shop Direct could be sold off by its owners the Barclay family as part of a wide-ranging review of its stable of British investments.

Aidan and Howard Barclay, the sons of Sir David Barclay, are analysing the family’s business portfolio, which also includes delivery business Yodel, The Telegraph and Sunday Telegraph newspapers and The Ritz hotel in London.

According to The Times, any of those businesses could be sold off amid efforts to streamline the family’s portfolio and generate capital to buy out some of the family members.

“The family has got a lot bigger over the last three decades. Interests are no longer aligned in the way they once were,” a senior executive close to the Barclays told The Times.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • 3 free articles a month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.