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 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"
opens
as PDF
The
two stores now listed under Group
Companies (Opens as PDF)
This
image does not enlarge
Owen Owen High Street Slough - (image
courtesy of Owen Owen trust)
Left: Newspaper cutting from Slough area newspaper from 1983/1984
advising that Owen Owen were closing the warehouse in Stoke Gardens
Slough (Click on image to enlarge as PDF) See
also Suters Warehouse
Owen Owen
Uxbridge advertisement in Uxbridge & West Drayton Gazette November
1st 1989 - Same week as John
Suter receives the Paul Harris Award at the Uxbridge Rotary Club Here
High
Street Store sold
(Opens
as PDF)
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.
(Opens
as PDF)
London
Gazette 11 December 1990
London
Gazette 6
February 1990
London
Gazette 6
February 1990
©
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:
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Return
to 1970s at Suters Here
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to Full Suters Index
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Source
of images, unless otherwise stated - Suter family archives
