Mystery buyer offers £4bn for Selfridges

The owners of the Selfridges Group are apparently considering an offer of £4bn for the group that includes the flagship Oxford Street store in London.

It is believed that the group’s owners the Weston family have engaged Credit Suisse to advise on the bid and any other options that may transpire.

The pandemic has proven to be a tough time for Selfridges and other stores, but as the lockdown eases the future of retail as we know it will be under scrutiny.

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