It is a rescue for Thomas Cook’s community of high-street shops, however will likely not save yourself the brand name that is 178-year-old.
But have John and Irene Hays, the wife and husband team whoever business is purchasing the 555 stores, bitten off significantly more than they could chew?
Today, Hays Travel has 190 shops, with annual product product sales of Ј1bn and pre-tax earnings of Ј10m.
But its purchase of this Thomas Cook community for the sum that is undisclosed a huge expansion for the business this is certainly additionally notably less well known than its failed bigger rival. Continue reading “Buying A Wife-Mr Hays founded their company offering Butlins holiday breaks from the straight straight back of their mom’s store in 1980”