NEWS

Former owner buys back Hawkins Bazaar

Published on: 23rd January 2012

Reports over the weekend suggest that Hawkins Bazaar retail chain has been bought out of administration by its former owner, Primary Capital.

Former owner Primary Capital plunged Hawkins Bazaar’s parent Tobar Group into administration in December and closed 40 stores immediately with an ongoing closure programme resulting in just eight stores remaining of the original 65-store portfolio.

The deal, which went through on Friday, is believed to include the acquisition of up to eight stores, the online business, its wholesale business, all stock and its direct mail business.

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