Travel

Thomas Cook UK Shops Sold to Retail Rival Owned by Husband-and-Wife Team

Thomas Cook

The Thomas Cook Stratford City store. Hays Travel has agreed to buy Thomas Cook’s UK retail estate. Thomas Cook

Skift Take: Given the state of the traditional retail industry, on the surface this appears to be a risky deal but Hays Travel is a profitable, growing business and will probably have secured the assets at a knock-down price. The company knows better than most how to make shops work.

— Patrick Whyte

Read the Complete Story On Skift