date:Jul 17, 2013
Conviviality Retail, the UK-based owner of off-license chain Bargain Booze, is mulling an initial public offering (IPO) to raise funds of up to 65m by the end of July 2013.
The alcohol retailer is looking to expand the brand in southeast region betting upon the strong performance of other discount retailers such as Poundland and Lidl.
Conviviality Retail chief executive Diana Hunter was quoted by Financial Times as saying that the value has become a democratized concept with customers realizin