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TJ Hughes news and archive

Retail

Department store TJ Hughes fined for breaking lockdown rules

Department store group TJ Hughes has been fined 17,000 pounds by its local council in Middlesbrough for breaching lockdown rules of non-essential retailers. The council authority, which didn’t name which store, said it issued several Fixed Penalty Notices and a prohibition notice for failing to close as required under covid-19 regulations. On...

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Fashion

Silverfleet sells TJ Hughes

Silverfleet Capital, the private equity house, has sold department store chain, TJ Hughes. It has been announced that they have sold the discount store to its management, but the sum is undisclosed. The management team, however, have received backing from British private equity firm, Endless, to carry off the deal. TJ Hughes, which was founded...

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