A report called The Dot.com Aftermarket suggests many retailers should now consider whether it is worth developing their own website when they could try and acquire one that already exists.
KPMG, the liquidators for Boo.com, yesterday emphasised the strengths of the troubled e-tailer’s back-end operation. Business Recovery partner Mike McLoughlin said: ‘The infrastructure has a huge capacity. This represents a real point of interest for potential buyers.’
The Big Five firm believes it could sell the back-end separately to another retailer, leaving the Boo.com brand and website available for other offers.
And Deloittes audit partner in e-business Roger Miles agreed.
‘While a retailer is unlikely to get an online player for a rock-bottom price, boo.com suggests it is becoming more feasible to consider such acquisition without breaking the bank,’ he said.
‘As the shakeout continues in 2000, the price of acquisition will become more realistic, and the enterprising retailer can capitalise on the e-tailer’s assets.’
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season