It's a sensible idea to develop e-commerce. But whether putting the whole high streetout of town operations under one fascia makes any difference is a moot point.
More Quotes from Richard Ratner:
It's a poor (Boots) statement. The bulls will cling to the hope of a bid, but will anyone commit significant funds to buy a retailer until one thinks that the market has bottomedRichard Ratner
Whilst the last time it was a '24-hour wonder', we think that there may be a reasonable chance that a deal could go through this time around, but it will take time for an offer to be formulated.
Richard Ratner
The question must be ... whether anyone could run it better than Alan Giles. Thus, there must be some doubt as to a bid emerging.
Richard Ratner
This looks like a knock-out bid as the management, in our view, would be unable to raise the additional finance.
Richard Ratner
Management is going to have to take it. I'm sure it will go through. People will think it's mean, but the alternative would be pretty ghastly.
Richard Ratner
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