Footwear retailer Barratts has snapped up 10 of Bay Trading's 75 footwear concessions from Dolcis.
Barratts will take over the concessions next month, with all 10, including stores in Blackpool, Bolton and Hounslow in west London, expected to be trading by the end of September. The concessions are an average of 400sq ft.
A source close to the deal said Barratts would be vying to take over the entire Bay Trading footwear concession arm from Dolcis. He added "Dolcis has a two-year contract, but it's healthy competition and it keeps everybody on their toes."
Meanwhile, new Dolcis owner John Kinnaird has embarked on a property review after acquiring the business from Alexon this year. The group has bought a redundant Ravel store in Peterborough and is about to sign an outlet in Silverburn shopping mall in Pollok, near Glasgow. Dolcis is also expected to exit its loss-making Manchester Arndale Centre store and move to a new site, either in the centre or the surrounding area.
The footwear chain is likely to open six new or relocated stores by Christmas with a revamped shopfit, which will lend itself to lower densities and better displayed product to push a quality message.