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After the Sale of Suters to Owen Owen in June 1978

The sale of Suters Ltd was completed on the 16th June 1978 and for several months the stores traded as Owen Owen Stores before being re-branded.

Left the Owen Owen Interim report for shareholders to 29th July 1978. The paragraph with red lines either says "Results of the Suters Ltd stores at Slough and Uxbridge, which were acquired in June, have not been consolidated in the group figures but would not have affected them to any material extent. Integration of these stores into the group trading structure is proceeding".

Suters of Slough headed paper from July 1978. The Directors are Owen Owen directors - J.A.H.Norman (chairman), M.G.Rider, W.Stothart and the Company Secretary was still Peter Bradford who was company secretary under the Suter family directorship.

Suters traded as an "Owen Owen store" for a number of months as this advertisement from October 1978 illustrates, however as the annual report to 27th January 1979 says "from November both stores have traded under the Owen Owen name"

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The two stores now listed under Group Companies (Opens as PDF)

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Reports in The Daily Telegraph and Uxbridge and West Drayton Gazette from 11 & 12 June 1991 advising that Owen Owen had changed hands in a multi million pound land deal. New owners were Chartwell Land and it had also bought the freehold of Woolworth and Etam next door to the Uxbridge store.

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Philip Suter 2014 / 2015 /2016 /2018

In the book "High Street Heroes - The story of British Retail in 50 People" by John Timpson the Chairman of the Timpson Group published in 2015. Under "Philip Green" he writes "The leverage deals got progressively bigger and more ambitious. The purchase the following year (1994) year of Owen Owen, the department store chain that also owned Lewis's Department Stores (not to be confused with John Lewis) was more about property than retailing. Some stores were sold to Alders and Debenhams before Philip Green sold his stake (to David Thompson) and moved on to the next deal". More information here about this book

Left - the changing identity of Suters in Slough - showing Owen Owen frontage. Source The Mummy Stylist blog - (This image does not enlarge)

See also:

The Owen Owen Trust

After the sale of Suters, what happened to the Slough and Uxbridge Stores?

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Source of images, unless otherwise stated - Suter family archives

 

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