Joules to shut 19 shops and axe 133 jobs, including Carmarthen
The deal will see Next own a 74 stake in the business, with Tom Joule owning the remaining 26.
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The deal will see Next own a 74 stake in the business, with Tom Joule owning the remaining 26.
Earlier today (1 December), Next announced that it has bought Joules out of administration for £34m, in partnership with the brand's founder Tom Joule.
The deal will see Next own a 74 stake in the business, with Tom Joule owning the remaining 26.
Jobs in Norfolk could be saved at the high street retailer Joules, with stores in Norwich, Holt and Wells, following reports of a rescue deal.
TFG is close to an agreement to buy around three-quarters of Joules' stores and assets. It is understood that a deal could be completed later today (30