Reports that one of Lancashire’s most loved businesses could be put up for sale have sparked a big response from readers.
READ MORE: City reports Booths is up for sale
READ MORE: Sadness at reports that Booths may be sold
The family behind EH Booth grocers has said the rumours are “highly speculative” after national reports experts had been called in to advise on a potential sale of the business.
According to reports, the Preston-based retailer, sometimes known as the Waitrose of the North, has drafted in advisers from Rothschild to consider takeover bids, with an asking price thought to be between £130m and £150m.
But a company spokesman said the reports “contained a great deal of speculation and reports are unconfirmed.”
Here’s how you reacted to the news...
It will be very sad to see Booths taken over, hopefully it won’t be. They just need to get their act together.
Shame l liked Booths couldn’t do a full shop there but went in every week for items not sold in everyday supermarkets, good quality local produce.
Very sad if it goes !!!
Sad sign of our times. Booths always have top quality products,and lovely friendly staff who take time to talk to customers.
Sandra McIntosh Stonier
They’ll get good money for it if they sell.
Mark Anthony Lancaster
Very sad Booths a fabulous store could always get the unusual there.
It’s been coming. Thoughts with the workers, as I don’t think it’ll survive.
A sad day for Booths.
What an opportunity for Waitrose to infiltrate the North !! Very sad for Booths though!!
Very sad news however I think they tried to be too up market, their Christmas catalogue for example was one you expect from a store such as M&S, I hope there are no store closures or job losses.
What’s going to happen to all the lovely local suppliers? Who will supply our fabulous local food, it’s just tragic.