Northern retailer Booths is reported to be up for sale after 170 years of trading.
The chain has hired advisors NM Rothschild to handle takeover bids, according to the Sunday Times, which quoted a potential selling price of around £150 million.
Booths has 28 stores across Lancashire, Cumbria, Yorkshire, Cheshire and Greater Manchester, and was recently listed as a brand on Amazon Fresh.
Chief executive Chris Dee stepped down earlier this year with Edwin Booth taking on chairman and chief executive roles.
A spokesperson for Booths said The Sunday Times piece and subsequent media “contains a great deal of speculation”.
“Booths has been retailing for over 170 years and it remains a very strong, resilient and well-loved brand. One of our strengths has been our ability to adapt to changing market conditions and naturally, we always keep our strategic options open,” the spokesperson said.
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