The owners of Scotland’s largest independent department store, McEwens of Perth, have retired.
Michael Bullough has been through highs and lows at the helm of his department store business, after starting his career as a Harrods management trainee 50 years ago.
Michael and his wife Sandy, who developed the McEwens fashion business, have both retired from retail.
McEwens has branches in Perth, Inverness and Ballater. Bullough put much of his success down to being part of the non-food buying group Associated Independent Stores (AIS), which enabled McEwens to compete better by pooling buying resources. Bullough was chairman of AIS for three years until last spring.
He said: “We’ve worked with some wonderful suppliers and staff. There are not many people who, when times were tough, would ring you up and offer you a million pounds to get you over the hump, as one supplier did.”
Michael’s son John will now take over the business.