Toy market news

Selfridges owners closing in on agreement to sell department store

According to widespread media reports, department store Selfridges is on the verge of being sold to Thailand’s Central Group. The Weston family have been searching for a buyer since the summer and are thought to have been looking for around £4b for the retailer, which has 25 stores globally, including the flagship Oxford Street branch as well as stores in Dublin, the Netherlands and Canada.