Nice to hear of a High Street chain that survived, albeit by cash injection and intervention of it's chairman and founder. “David Moulsdale has bought all the debt that the firm owes to the Royal Bank of Scotland and injected more money into the High Street chain. The bank had refused to lend Optical Express any more money. BBC News - Optical Express saved by founder David Moulsdale” Gutsy move, hopefully it will pay off!
It's an interesting business too. Optical Express is a "luxury" business because wearing specs or contact lenses sorts out most sight corrections and is the much cheaper solution. It's also a "niche" business because most people wouldn't risk an eye operation as elective surgery. Linda CareersPartnershipUK
Well, may be it is the first chain saved from collapse this year. I think the unfortunate exampe of many others should serve to warn many other businesses I am kind of happy this one managed to survive. However everything happens for a reason and I am curious to see how this move will reflect us. Fixed Fee Legal Services | Bespoke Document Drafting | Document Templates |
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