Difference between revisions of "Gateway Corporation"
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1989 Gateway had about 400 stores when it received an unsolicited bid from [[Isosceles]], a financial group put together for the purpose. If successful Isosceles planned to sell the 62 larger supermarkets to [[Asda]] and concentrate on the remainder<ref>The Times Apr. 24, 1989</ref>; eventually Isosceles succeeded in winning control<ref>The Times July 20, 1989</ref>, sold the [[Medicare]] chain of chemists to [[Kingfisher]] and 60 larger stores to Asda; plans were being developed to sell the US Hermans chain; the larger of the remaining stores were being rebranded [[Somerfield|Somerfield Fine Fresh Foods]] <ref>The Times Jan. 17, 1990</ref> | 1989 Gateway had about 400 stores when it received an unsolicited bid from [[Isosceles]], a financial group put together for the purpose. If successful Isosceles planned to sell the 62 larger supermarkets to [[Asda]] and concentrate on the remainder<ref>The Times Apr. 24, 1989</ref>; eventually Isosceles succeeded in winning control<ref>The Times July 20, 1989</ref>, sold the [[Medicare]] chain of chemists to [[Kingfisher]] and 60 larger stores to Asda; plans were being developed to sell the US Hermans chain; the larger of the remaining stores were being rebranded [[Somerfield|Somerfield Fine Fresh Foods]] <ref>The Times Jan. 17, 1990</ref> | ||
1990 110 stores, | 1990 110 stores, Gateway's northern chain, were sold to [[William Low (of Dundee)|William Low]]<ref>The Times Mar. 17, 1990</ref> | ||
==See Also== | ==See Also== | ||
Revision as of 15:22, 24 September 2021
1989 Gateway had about 400 stores when it received an unsolicited bid from Isosceles, a financial group put together for the purpose. If successful Isosceles planned to sell the 62 larger supermarkets to Asda and concentrate on the remainder[1]; eventually Isosceles succeeded in winning control[2], sold the Medicare chain of chemists to Kingfisher and 60 larger stores to Asda; plans were being developed to sell the US Hermans chain; the larger of the remaining stores were being rebranded Somerfield Fine Fresh Foods [3]
1990 110 stores, Gateway's northern chain, were sold to William Low[4]
See Also
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