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Heatons was an Irish chain of department stores, established in 1946. It operated throughout the island of Ireland and sold fashion, homeware and sporting goods.. Heatons briefly held a franchise for British Home Stores, [1] and also co-located some shops with Iceland during their first venture into Ireland.
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On 13 January 2014 4.6% of Debenhams shares were bought by Sports Direct, the retailer run by Mike Ashley. The stock market purchase of 56.8 million shares (worth around £46m) was made without the prior knowledge of the Debenhams board. Sports Direct stated at the time it intends to be a supportive share holder.
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The company entered administration in 2012 and is now owned by JD Sports Fashion plc. JD made a cash offer of £20 million for the majority of the retailer's 300 UK stores and said it will retain the majority of Blacks' 3,500 staff. [1] Since the acquisition by JD Sports, Blacks head offices have been relocated to JD's head offices in Bury.
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