Daunt: 'Website and Hub will be investment priorities' 

Daunt: 'Website and Hub will be investment priorities' 

Investment in the Waterstones’ website, the Hub and growing its related product range are key priorities for the business under its new ownership, chief executive James Daunt has revealed.

A week on from the sale of a majority stake in the 36-year-old chain to the private equity owners Elliott Advisors from Russian oligarch Alexander Mamut, Daunt said his aims for the firm included continuing to improve bookselling, developing its Café W brand, investing in the estate and opening new stores.

“(Our priorities are to) improve our bookshops through better bookselling and a better selection o...

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