British Bookstore Chain Waterstones Is About To Be Sold To A Hedge Fund

Who knows what the hedge fund might do to the chain? (Take a quick look at the stripped and bankrupted Toys R Us, or newspapers like the Denver Post, or … ) Meanwhile: “The proximity of the sale has caused a delay to increasing the pay of senior booksellers at the chain. The situation has led to some disquiet among senior staff, who were not given a pay rise at the same time as their junior colleagues when the National Minimum Wage rose to £7.83 an hour.”