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Tag: afloat

Fine-dining restaurants scramble to start delivery to stay afloat

Food delivery workers on bicycles travel along a street in New York, U.S., on Tuesday, March 17, 2020. Debetrius Freeman | Bloomberg | Getty Images Darden Restaurants said it’s planning to offer delivery service to keep workers employed, but Olive Garden’s parent isn’t the only dinning company to consider doing so. As the coronavirus pandemic forces …

Fine-dining restaurants scramble to start delivery to stay afloatRead More

Carpetright looks to biggest shareholder for £80m sale to stay afloat | Business

Carpetright is in talks about a cut-price £15m sale to its biggest shareholder as the specialist retailer said it needed to raise £80m to stay afloat. Meditor, a British hedge fund headed by former Old Mutual banker and poker player Talal Shakerchi, already owns 30% of Carpetright’s shares and bought up more than £40m of …

Carpetright looks to biggest shareholder for £80m sale to stay afloat | BusinessRead More