Boxclever (styled as “boxclever”) is a British electronic and domestic appliance rental chain that was founded in 2000 by the merger of
Radio Rentals and
Granada Rentals. The company originally operated through
high street
High Street is a common street name for the primary business street of a city, town, or village, especially in the United Kingdom and Commonwealth. It implies that it is the focal point for business, especially shopping. It is also a metonym ...
stores but later moved to an online-only service. The company was sold to
WestLB and went into
administration
Administration may refer to:
Management of organizations
* Management, the act of directing people towards accomplishing a goal
** Administrative Assistant, traditionally known as a Secretary, or also known as an administrative officer, administ ...
in June 2003, causing WestLB to register their €650 million bad debt charge.
The company was bought out of administration in January 2005 by Fortress Investment Group for £135 million. Fortress and Cerberus sold the business to Weight Partners in May 2011.
References
External links
*
Companies based in Bedfordshire
Retail companies established in 2000
2000 establishments in the United Kingdom
Consumer electronics retailers of the United Kingdom
Companies established in 2000
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