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EasyGroup set to shut down Oxford St internet cafe

Low-cost entrepreneur Stelios Haji-Ioannou has put the lease on the building housing his EasyInternetCafe in Oxford Street in London up for sale.

Haji-Ioannou is also reviewing its four other megastores in London as “property market hots up”.

However, he insisted it was not a prelude to selling the internet café chain, which he plans to refocus on concessions rather than large standalone stores.

References: Financial Times 05/06/04 page 2, Daily Telegraph 05/06/04 page 31, The Guardian 05/06/04 page 31, The Independent 05/06/04 page 53

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